Roth Ira Contribution Limits 2024 Calculator Download. For 2024, the maximum contribution limit for a roth ira is $7,000 for individuals under the age of 50. If you're 50 or older, you can contribute up to $8,000.

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. For 2023, the maximum amount you can contribute to a roth ira is $6,500 ($7,000 in 2023).