Ira And Roth Ira Limits 2024. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was. In 2023, the roth ira contribution limits for most people are $6,500, or $7,500 if you're 50 or older.

2024 roth ira income limits. This number is up from $6,500 in 2023, although the irs does.