Question: The 2 0 2 4 Roth IRA contribution limit for a taxpayer who is over 5 0 years of age changed from $ 7 ,

The 2024 Roth IRA contribution limit for a taxpayer who is over 50 years of
age changed from $7,500 in 2023. What is it?
Select one:
a. The lesser of $8,000 or their taxable compensation for the year
b. The lesser of $7,500 or their taxable compensation for the year
c. $30,000
d. $22,500

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