Roth Ira Limits 2024 Fidelity. The ira maximum contribution limit is $7,000 for 2024 (with an additional $1,000 allowed for those ages 50 and older). The maximum amount you can contribute to a roth ira in 2023 is $6,500, or $7,500 if you’re age 50, or older.
The roth ira contribution limits in 2024 were raised to $7,000, or $8,000 for taxpayers 50 and older. You can contribute the amount of your earned income or $7,000 to a traditional ira in 2024, whichever is less.