2024 Ira Contribution Limits Chart Married Filing Jointly. If your modified agi is less than $230,000, then you are able to contribute up to the $7,000 contribution limit ($8,000 if you’re age 50 or older) in 2024. If you’re married and filing separately, and you lived with your spouse at any time during the year, you can contribute a reduced amount to a roth ira if your magi is below $10,000.

The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024. You can take the full deduction for married couples filing jointly if your annual gross income is $218,000 or less.