2024 Ira Contribution Limits Spouse Over 65. $6,500 (for 2023) and $7,000 (for 2024) if you're under age 50; The ira contribution limit for 2024 is $7,000.
You can contribute if you (or your spouse if filing jointly) have taxable compensation. The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly.