Roth Ira Contribution Limits 2024 Magi Limit

Roth Ira Contribution Limits 2024 Magi Limit. The contribution limits for a traditional or roth ira increased last year but remain steady for 2025. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose.

You are allowed to contribute the full $7,000 to your roth ira if your modified adjusted gross income (magi) is less than $146,000 in 2024. In addition to the general contribution limit that applies to both roth and traditional iras, your roth ira contribution may be limited based on.