Roth Ira Contribution Limits 2024 Irs. Roth iras might seem less appealing than a 401(k) at first glance. In 2023, it was $6,500 for those younger than 50 and $7,500 for those 50 or older.
The irs’s annual ira contribution limit covers contributions to all personal iras, including both traditional iras and roth iras. The maximum amount you can contribute to a roth ira for 2024 is $7,000 (up from $6,500 in 2023) if you’re younger than age 50.