Roth Ira Limit 2024 Contribution. For the 2024 tax year, the maximum contribution you can make to a traditional or roth ira is $7,000. Ira account holders can contribute up to $7,000 in 2024, which is a $500 jump over the 2023 cap.

For 2024, the roth ira contribution limit is $7,000 for those under 50, and $8,000 for those. If you’re age 50 and older, you can add an extra.