Income Limits For Roth Ira Contributions 2024. The maximum amount you can contribute to a roth ira for 2024 is $7,000 (up from $6,500 in 2023) if you're younger than age 50. If you are 50 or older by the end of 2024, you may contribute up to $8,000 to a roth ira.

You can leave amounts in your roth ira as long as you live. You’re allowed to invest $7,000 (or $8,000 if you’re 50 or older) in 2024.