2024 2024 Amount. The latest such increase, 3.2 percent, becomes effective january 2024. Post independence, india's first budget was presented on november 26, 1947 by then finance minister r k.
The budget aims to address financial needs until a new government is formed after elections. In 2024, your magi has to be under $146,000 for single filers or under $230,000 for joint filers to make the full roth ira contribution of $7,000 (or $8,000 if you’re 50 or older).