2024 Roth Ira Limit In India. What are the specific roth ira contribution limits for 2024 based on your age and income? 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.

This means that if your income exceeds these thresholds, you may not be eligible to contribute the maximum amount to a roth ira for the year. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose.