2024 Roth Ira Contribution Limits Income Property. Married filing jointly (or qualifying widow(er)) less than $230,000 $7,000 ($8,000 if age 50 or. Understanding the contribution limits and rules for roth iras in 2024 is essential for maximizing your retirement savings.

The chart below details the modified adjusted gross income. The first allowable annual contribution was $1,500;