Irs 2024 Roth Ira Contribution Limits Over 50

Irs 2024 Roth Ira Contribution Limits Over 50. For individuals under the age of 50 in 2024, the maximum roth ira contribution limit is $7,000.  โ€” for 2024, the maximum contribution limit for a roth ira is $7,000 for individuals under the age of 50.


Irs 2024 Roth Ira Contribution Limits Over 50

If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000. Traditional iras do not qualify for this option.

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