2024 Roth Ira Contribution Limits Over Age 50

2024 Roth Ira Contribution Limits Over Age 50. In 2024, the roth ira contribution limit is $7,000, or $8,000 for individuals age 50 and older, allowing those who are closer to retirement to make additional contributions. For 2025, the contribution limit for a custodial roth.

The maximum amount you can contribute to a roth ira for 2025 and 2024 is $7,000 if you’re younger than age 50. The annual roth ira contribution limit in 2024 is $7,000 for adults younger than 50 and $8,000 for adults 50 and older.