Roth Ira Limits 2024 Fidelity Fund. So if a 529 owner rolls $5,000 of account funds into a roth ira. The irs has announced that individuals can now contribute up to $7,000 to their roth ira, a $500 increase from the previous year.

The maximum amount you can contribute to a roth ira for 2024 is $7,000 (up from $6,500 in 2023) if you’re younger than age 50. A roth ira is an ira that, except as explained below, is subject to the rules that apply to a traditional ira.