Ira Limits 2024 Married 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.

You could earn a credit of 10%, 20%, or 50% of your contributions, up to a dollar amount of $2,000 ($4,000 if married filing jointly) as long as you’re eligible. Married couples filing jointly can contribute to a roth ira with incomes up to $230,000.