Roth Ira Income Limits 2024 Single. Those are the caps even if you make more, up to the phaseout level.  — the annual roth ira contribution limit in 2023 is $6,500 for adults younger than 50 and $7,500 for adults 50 and older.

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. I’m 60 with $65k in pension income and $100k in my ira.