Roth Ira Limits 2024 Over 50. The maximum amount you can contribute to all traditional iras and roth iras is $6,500, or $7,500 for those 50 or older for tax year 2023. In 2024, the max ira contribution you’re able to make is $7,000.

In 2024, the max ira contribution you’re able to make is $7,000. Learn how to open a roth individual retirement account or convert a traditional ira into a roth ira, including the pros and cons and potential tax.