Ira Contribution Limits 2024 Chart Married Filing Jointly

Ira Contribution Limits 2024 Chart Married Filing Jointly. If you file taxes as a single person, your modified adjusted gross income (magi) must be under $153,000 for tax year 2023 and $161,000 for tax year 2024 to contribute to a roth ira, and if you’re married and filing. You can’t make a roth ira contribution if your modified agi is.

 — you could earn a credit of 10%, 20%, or 50% of your contributions up to a dollar amount of $2,000 ($4,000 if you’re married and filing jointly) as long as you’re.  — the 2024 annual ira contribution limit is $7,000 for individuals under 50, or $8,000 for 50 or older.