2024 Roth Ira Contribution Limits Over 50. If you are over 50, you can add up to $8,000 to your roth ira. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was $6,500 or $7,500 if you were age 50 or older.

Individuals who exceed the contribution limit. If you’ve hit the roth ira contribution limit, you can also.