Magi Limits For Roth Ira 2024. The roth ira has lower contribution limits. No income limits with a roth 401(k) the income limit for contributing to a roth ira in 2024 kicks in once an individual’s modified adjusted gross income hits.
Figure out your gross income. The roth ira has contribution limits, which are $6,500 for 2023 and $7,000 in 2024.