Roth Ira Contribution Agi Limits 2024. The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you're age 50 or older. As a couple, you can contribute a combined total of $14,000 (if you're both under 50) or $16,000 (if you're both 50 or older) to a traditional ira for 2024.
That’s up from $138,000 in 2023. If your modified agi is $240,000 or more, you canโt take a deduction for contributions to a traditional ira.