Roth Ira Limits 2024 Phase Out Over 50. With the passage of secure 2.0 act, effective 1/1/2024. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose.

The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older. The contribution limits for a spousal roth ira are the same as for a regular roth ira.