2024 Ira Contribution Amount . — the ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024. — the 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly.
— the maximum compensation amount for determining employer and employee contributions is $345,000 for 2024. Limits on roth ira contributions based on modified agi.
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