2024 Roth Ira Contribution Limits Reddit Nba. Should i put $7500 (i’m 51, playing catch up) from my hysa into a roth ira (since the money is already post tax), then contribute $8000 (2024 contribution max) from the $20k. That’s where a roth ira conversion comes in.

Whether you can contribute the full amount to a roth ira depends on your income. Namely, the account holder must be at least 59 1/2 years of age, and the account itself must be at least five years old.