Roth Ira Limits 2024 Salary Increase. If you're age 50 and older, you can add an extra $1,000 per year. In 2024, the roth ira contribution limit is $7,000, or $8,000 for individuals age 50 and older,.

In 2023, the roth ira contribution limits for most people are $6,500, or $7,500 if you’re 50 or older. In 2024, these limits are $7,000, or $8,000 if you’re 50 or older.