Roth Ira Contribution Limits 2024 Magi Limits Roth. 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 jointly, your magi. Your roth ira contribution limit depends on your tax filing status and your modified adjusted gross income.
The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly. If they lived with their spouse at any point during the year, they can contribute to a roth ira only if their.