Roth Contribution Limits 2024 Salary Increase. The contribution limit for a roth ira is $7,000 (or $8,000 if you are over 50) in 2024. For 2024, the total contributions you make each year to all of your traditional iras and roth iras can't be more than:
The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you’re age 50 or older. Those limits reflect an increase of $500 over the 2023.