Ira Limits 2024 Over 50. Find out if your modified adjusted gross income (agi ) affects your roth ira contributions. With the passage of secure 2.0 act, effective 1/1/2024 you may also be eligible to contribute to your roth ira using 529 rollover assets.
The simple ira contribution limit increased by $500 for 2024, and workers at small businesses can contribute up to $16,000 or $19,500 if 50 or over. If you qualify, you can contribute up to $7,000 if you are under 50.