Individual Roth Ira Income Limits 2024

Individual Roth Ira Income Limits 2024.  — in general, you can roll over funds from another retirement account such as a traditional ira or 401(k) into a roth ira. The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older.

Those are the caps even if you make more, up to the phaseout level. 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.