Roth Ira Contribution 2024 Limit Uk. 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. If you’re a single filer, you’re eligible to contribute a portion of the full amount if your magi is $146,000 or.
The contribution limit for a roth ira is $7,000 (or $8,000 if you are over 50) in 2024. That means you’ll be able to stash away up to $7,000 in a roth ira in 2024, up from $6,500 in 2023.
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