Roth Ira Contribution Limits 2024 Salary Capital Gains. The account or annuity must be designated as a roth. For 2024, the contribution limit is $7,000.

To be eligible to contribute the maximum amount in 2024, your modified adjusted gross income (magi) must be less than $146,000 (up from $138,000 last year) if single or between $230,000 and. Exceeding the limit can cost you tax dollars and you may not be able ot use your roth ira.