Magi Income Limits 2024 For Roth Ira

Magi Income Limits 2024 For Roth Ira. The maximum amount you can contribute to a roth ira in 2023 is $6,500, or $7,500 if you’re age 50, or older. Here's a rundown of the 2023 and 2024 roth ira income and contribution limits, based on your filing status and modified adjusted gross income (magi):

Single filers (magi) married filing jointly (magi) married filing separately (magi) maximum. Subtract from the amount in (1):