2024 Roth Ira Contribution Limits Table For Married Couples

2024 Roth Ira Contribution Limits Table For Married Couples. 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 ira, and if you’re married and filing. Married couples with magis below $218,000 may each contribute up to the annual limit.

Married couples with magis below $218,000 may each contribute up to the annual limit. The contribution limit in 2023 is $7,000 ($7,500 in 2024) or $8,000 if age 50 or older ($8,500 in 2024), so both you and your partner can contribute that amount.