Roth Ira Limits 2024 Income.  — the contribution limit for a roth ira is $6,500 (or $7,500 if you are over 50) in 2023. You're allowed to invest $7,000 (or $8,000 if you're 50 or older) in 2024.

 — the contribution limit for a roth ira is $6,500 (or $7,500 if you are over 50) in 2023.  — you can contribute up to $7,000 per year to a roth ira (or $8,000 if you’re 50 or older).