Max Roth Ira Contribution 2024 Over 50. Suppose that you contribute the same $6,500 a year for 40 years to a roth ira. The roth ira, introduced in 1997, works differently.

The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you’re age 50 or older. Couples can double the amount if.