Roth Ira Contribution Limits 2024 Salary Cap. 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. The roth ira income limit to make a full contribution in 2024 is less than $146,000 for single filers, and less than $230,000 for those filing jointly.
Those are the caps even if you make more, up to the phaseout level. The roth ira income limits will increase in 2024.