Magi Limit Roth 2024. You can make the maximum possible contribution if you're single with a. Ira contribution limit increased for 2024.
The chart below details the modified adjusted gross income (magi) limits for 2024 based on the filing status of the tax return. If your magi is $77,000 or less, you can deduct that full $7,000 from your taxable income on your 2024 tax return (filed in 2025).
