Irs 2024 Roth Ira Contribution Limits Over 50. If you're covered by a retirement. In 2024, the roth ira contribution limit is $7,000, or $8,000 for individuals age 50 and older, allowing those who are closer to retirement to make additional contributions.

Those are the caps even if you make more, up to the phaseout level. I estimate it will go up by $500 to $23,500 in 2025.