Roth Ira Limits 2024 Fidelity. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000. A roth ira is an ira that, except as explained below, is subject to the rules that apply to a traditional ira.

The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000.