Married Filing Jointly Ira Limits 2024. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as. If you and your spouse file your taxes jointly, you can set up a separate account, known as a spousal ira, and make contributions to your ira and theirs โ as long as you have enough.
For 2023, the limit is $6,500. If you file taxes as a single person, your modified adjusted gross income (magi) must be under $153,000 for tax year 2023 and $161,000 for tax year 2024 to contribute to a roth ira, and if youโre married and filing jointly, your magi.