Roth Ira Limits 2024 Phase Out Over 50. Each spouse can have their own roth ira, allowing both to contribute. If you were 50 or older by the end of 2023, the contribution limit.

As shown above, single individuals enter the partial contribution range when magi reaches $146,000 in 2024, up from $138,000 in 2023. Those are the caps even if you make more, up to the phaseout level.