Fidelity Roth Ira 2024. Find out if your modified adjusted gross income (agi ) affects your roth ira contributions. Understand the advantages of a backdoor roth ira.

The 2024 roth ira income limits are $161,000 for single tax filers and $240,000 for those married filing jointly. It’s a backdoor way of moving money into a roth ira, which is accomplished by making nondeductible contributions—or contributions on which you do not take a tax.