Roth Ira Contribution Limits 2024 Chart In India. Is your income ok for a roth ira? The irs's annual ira contribution limit covers contributions to all personal iras, including both traditional iras and roth.

 — the limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was $6,500 or $7,500 if you were age 50 or older.  — in 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.