Roth Limits 2024 Income Over 65.  — the combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you're age 50 or older. The annual ira contribution limit applies to.

This figure is up from the 2023 limit of $6,500. Roth iras can play a big role in your retirement plan.