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2024 Roth Ira Contribution Limits Phase Out

2024 Roth Ira Contribution Limits Phase Out. Roth iras can play a big role in your retirement plan. You can leave amounts in your roth ira as long as you live.


2024 Roth Ira Contribution Limits Phase Out

In tax year 2023, you may contribute up to $6,500 to a roth ira, or $7,500 if you are 50 or older. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000.

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