Roth Ira Limits 2024 Catch Up Income Limits

Roth Ira Limits 2024 Catch Up Income Limits. Your tax filing status also impacts how much you can contribute. 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.

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. Here’s a rundown of the 2023 and 2024 roth ira income and contribution limits, based on your filing status and modified adjusted gross income (magi):