Roth Ira Contribution Limits 2024 Salary Cap In India

Roth Ira Contribution Limits 2024 Salary Cap In India. If you file taxes as a single person, your modified adjusted gross income (magi) must be under $153,000 for tax year 2023 and $161,000 for tax year 2024 to contribute to a roth. For those aged 50 and older, the limit is $8,000, which.

Want to open and contribute to a roth ira? If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000.