Roth Ira Contribution Limits 2024 Over 60. 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. You can make contributions to your roth ira after you reach age 70 ½.
The account or annuity must be designated as a roth. For 2024, you can contribute $7,000 across all of your iras, including any iras outside of public, and including total contributions across traditional and roth iras.