Roth Ira Limits 2024 Married Filing Jointly

Roth Ira Limits 2024 Married Filing Jointly. Each spouse can have their own roth ira, allowing both to contribute. If you file separately and did not live with your spouse at any time during the year, your ira deduction is determined under the single filing status.

And your modified agi is. Contributions begin phasing out above those amounts, and you can’t put any money into a roth ira once your income reaches $161,000 if a single filer or $240,000.