MaryK4
Expert Alumni

Get your taxes done using TurboTax

Your living situation will not affect your ability to contribute to Roth IRA.  For 2024, the total contributions you make each year to all of your traditional IRAs and Roth IRAs is limited to the smaller of $7,000 ($8,000 if you're age 50 or older) or your taxable compensation for the year.

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