Roth Ira Contribution Limits 2024 Married Spouse. The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older. If a spouse decides to contribute to a roth ira for their partner — in addition to their own — the contributions to both roth iras cannot exceed $14,000 if they are.
The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was $6,500 or $7,500 if you were age 50 or older. For example, someone could convert their entire $1.6 million 401 (k) in a single year.
Roth Ira Contribution Limits 2024 Married Spouse Images References :
