Roth Ira Limits 2024 Income Limits Over 50. If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually across all your iras is the same:. The maximum roth ira contribution limit for 2024 is $7,000 for those under 50, and an additional $1,000 in catch up contribution for those 50 and older.

If you qualify, you can contribute up to $7,000 if you are under 50. If you’re age 50 and older, you can add an extra $1,000.