Roth Ira Contribution Phase Out 2024. You're allowed to invest $7,000 (or $8,000 if you're 50 or older) in 2024. The income thresholds to be eligible for a roth ira are also higher in 2024.
The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older. 2024 roth ira income limits.