Roth Ira 2024 Contribution Limit Over 50. If you're age 50 and older, you can add an extra $1,000 per year. 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.
Keep in mind that you can only contribute money to a roth ira if you have earned income for the year. 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.
