2024 Roth Contribution Limit Over 50
2024 Roth Contribution Limit Over 50. This limit was $6,500 in 2023. Ira account holders can contribute up to $7,000 in 2024, which is a $500 jump over the 2023 cap.
If you’re 49 and under, you can contribute up to $7,000 to a roth ira in 2024. Those over 50 can still contribute up to $1,000 more in 2024,.