Roth Ira Contribution Limits 2024. You’re allowed to increase that to $7,500 ($8,000 in 2024) if you’re age 50 or older. For 2020 and later, there is no age limit on making regular contributions to traditional or roth iras.

Not fdic insured • not insured by any federal government agency • not a deposit or other obligation of, or guaranteed by, the bank or any of its affiliates • subject to investment risks, including possible loss of principal amount invested You can make contributions to your roth ira after you reach age 70 ½.