Roth Ira Contribution Limits 2024. Becoming a roth ira millionaire is impossible without compound earnings. For example, single filers and heads of household face specific magi thresholds which, if met.
$23,000 for individuals under 50, and $30,500 for those 50 and older. Contribution limits are enforced across traditional iras and roth iras, but income limits only apply to roth accounts.