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Magi Income Limits 2024 For Roth Ira
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Magi Income Limits 2024 For Roth Ira. $6,500 if you're younger than age 50. Modified agi limit for roth ira contributions increased.
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. In 2024, you can contribute.
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