Ira Contribution Limits 2024 Magi

Ira Contribution Limits 2024 Magi. This threshold is increased to $8,000 for individuals 50 and older. They can make partial contributions between $146,000 and $161,000, and they cannot contribute to a roth ira at incomes above $161,000.

If you’re a single filer, you’re eligible to contribute a portion of the full amount if your magi is $146,000 or more, but less than $161,000. You can contribute to an ira at any age.