Roth Contribution Limits 2024 Income Limitations. The contribution limit for a roth ira is $7,000 (or $8,000 if you are over 50) in 2024. You can leave amounts in your roth ira as long as you live.
The annual roth ira contribution limit in 2023 is $6,500 for adults younger than 50 and $7,500 for adults 50 and older. Contribution limited to $7,000 plus an additional $1,000 for employees age 50 or older in 2024;