Roth Ira Contribution Limits 2024 Over 50. The contribution limit for a roth ira is $6,500 (or $7,500 if you are over 50) in 2023. For those 50 or older, the limit is $8,000, up by $1,000, allowing older savers to accelerate their retirement savings.
The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. 2024 contribution limits for different age groups: