Roth Ira Limits 2024 Salary Limit. Your roth ira contribution may be reduced or eliminated if you earn too much. In 2024, the contribution limit for a roth ira is $7,000, plus.

This is triggered at the time you file each year’s taxes, giving you until that deadline to remove or recharacterize the misplaced funds. The contribution limit for individual retirement accounts (iras) for the 2024 tax year is $7,000.