Annual Roth Ira Contribution Limit 2024. The contribution limit for a roth ira is $7,000 (or $8,000 if you are over 50) in 2024. If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually across all your iras is the same:

Your roth ira contribution might be limited based on your filing status and income. If you’re age 50 and older, you can add an extra $1,000 per year.