Roth Ira Limits 2024 Married Filing Jointly Over 65. The maximum amount you can contribute to a roth ira for 2025 and 2024 is $7,000 if you're younger than age 50. Subtract $230,000 for 2024 or $236,000 for 2025.
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. In 2024, married couples filing jointly can contribute to a roth ira if their magi is less than $230,000.
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