2024 Roth Ira Contribution Limits Over Age 50

2024 Roth Ira Contribution Limits Over Age 50. Roth iras might seem less appealing than a 401(k) at first glance. 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.


2024 Roth Ira Contribution Limits Over Age 50

The income limit for contributing to a roth ira in 2024 kicks in once an individual’s modified adjusted gross income hits $161,000, or $240,000 for married filing. 2024 contribution limits for different age groups:

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