Roth Ira Limits 2024 Vanguard Mutual Fund. Before diving into how to open a roth ira, check the eligibility criteria: The maximum amount you can contribute to a roth ira for 2024 is $7,000 (up from $6,500 in 2023) if you're younger than age 50.

Contribution limits for iras, whether roth or traditional, are $7,000 under age 50 or $8,000 for ages 50 and over in 2024. Roth ira contribution limits for married couples.