Roth Ira Contribution Limits 2024 Salary Cap 2024. In 2024, the roth ira contribution limit is $7,000, or $8,000 for individuals age 50 and older, allowing those who are closer to retirement to make additional contributions. A designated roth contribution is a type of elective deferral that employees can make to their 401(k), 403(b) or governmental 457(b) retirement plan.
The roth ira income limit to make a full contribution in 2024 is less than $146,000 for single filers, and less than $230,000 for those. In 2024, you can contribute up to $7,000.
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