Roth Ira Investment Limits 2024. In 2024, these limits are $7,000, or $8,000 if you're 50 or older. If you're age 50 and older, you can add an extra $1,000 per year.

Income limits for a roth ira set the maximum earnings individuals or couples can have to qualify for contributions within a specific year. In 2023, the roth ira contribution limits for most people are $6,500, or $7,500 if you’re 50 or older.