Roth Income Limits 2024 Married Filing Joint. 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 ira, and if. In 2024, this increases to $7,000 or $8,000 if you're age 50+.

Subtract from the amount in (1): The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older.