Roth Ira Contribution Limits 2024 Salary Cap

Roth Ira Contribution Limits 2024 Salary Cap. In 2023, the roth ira contribution limits for most people are $6,500, or $7,500 if you're 50 or older. If you're age 50 and older, you can add an extra $1,000 per year.

Roth iras can play a big role in your retirement plan. The maximum amount you can contribute to a roth ira in 2023 is $6,500, or $7,500 if you’re age 50, or older.