Ira Contribution Limits 2024 Age Limit.  — the 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly.  — the limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2024 tax year was $7,000 or $8,000 if you were age 50 or older.

 — review a table to determine if your modified adjusted gross income (agi) affects the amount of your deduction from your ira.  — remember, the contribution limit for any ira—roth or traditional—in 2024 is $7,000 (or $8,000 if you’re 50 or older).