Roth Ira Contribution Limits 2024 Calculator Online. The account or annuity must be designated as a roth. To be eligible to contribute the maximum amount in 2024, your modified adjusted gross income (magi) must be less than $146,000 (up from $138,000 last year) if single or.

You’re allowed to increase that to $7,500 ($8,000 in 2024) if you’re age 50 or older. For those aged 50 and older, the limit is $8,000, which includes an.