Roth Contribution Limits 2024. — there are limits as to how much you can contribute and for income thresholds for individual retirement accounts for the 2023 and 2024 tax years. — the contribution limit for a roth ira is $6,500 (or $7,500 if you are over 50) in 2023.
— you can make contributions to your roth ira after you reach age 70 ½. — the most you can contribute to an ira in 2024 (both roth and traditional combined) is $7,000, or $8,000 if you’re 50 or older.