Roth Ira Limits 2024 Married Filing Jointly Over 65

Roth Ira Limits 2024 Married Filing Jointly Over 65. 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. The maximum amount you can contribute to a roth ira for 2025 and 2024 is $7,000 if you're younger than age 50.

For 2025, the ira contribution limits remain the same as 2024, at. The contribution limit for 2024 is $7000 for married filing jointly.