Roth Ira Contribution Limits 2024 Income 2024. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000. $8,000 in individual contributions if you’re 50 or older.

You can leave amounts in your roth ira as long as you live. The irs’s annual ira contribution limit covers contributions to all personal iras, including both traditional iras.