Roth Magi Limits 2024. Contribution limits are enforced across traditional iras and roth iras, but income limits only apply to roth accounts. If your magi is $77,000 or less, you can deduct that full $7,000 from your taxable income on your 2024 tax return (filed in 2025).


Roth Magi Limits 2024

At certain incomes, the contribution amount is lowered until it is eliminated completely. The maximum contribution limit for roth and traditional iras for 2024 is:

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