Roth Ira Income Limits 2024 Married In India. In 2024, the roth ira contribution limit is $7,000, or. If you file taxes as a single person, your modified adjusted gross income (magi) must be under $153,000 for tax year 2023 and $161,000 for tax year 2024 to contribute to a roth.

A roth ira is an ira that, except as explained below, is subject to the rules that apply to a traditional ira. The contribution limit for a roth ira is $7,000 (or $8,000 if you are over 50) in 2024.