Salary Cap For Roth Ira 2024. In 2024, this increases to $7,000 or $8,000 if you're. 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.

The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly. For those aged 50 and older, the limit is $8,000, which.