Roth Ira Contribution Amount 2024. For those aged 50 and above, the limit is $8,000. The maximum amount you can contribute to a roth ira in 2023 is $6,500, or $7,500 if you’re age 50, or older.

You’re allowed to invest $7,000 (or $8,000 if you’re 50 or older) in 2024. You’re allowed to increase that to $7,500 ($8,000 in 2024) if you’re age 50 or older.