Turbo tax is stating that the max contribution to ROTH IRA is $7,000, but when I contacted my retirement advisors, they said it's $23,000. Not sure which is correct

[MayaD · Accepted solution]

For 2024, the total contributions you make each year to all of your traditional IRAs and Roth IRAs can't be more than:

• $7,000 ($8,000 if you're age 50 or older), or
• If less, your taxable compensation for the year

The maximum contribution to a Roth 401(k) in 2024 is $23,000 for employees, and $69,000 combined for employees and employers. 

Roth comparison chart