Unlike the income limitations that can reduce or eliminate your ability to contribute directly to a Roth IRA, there are no restrictions or requirements associated with contributing to a backdoor Roth IRA. The 2024 overall contribution limits for an IRA, which are $7,000 plus an additional $1,000 for those 50 and older, apply to all IRA contributions combined. One additional requirement for contributing to an IRA is that your earned income from employment or self-employment must be equal to or greater than the amount contributed. This is unlikely to be an issue for anyone contemplating a backdoor Roth IRA because the whole point of doing a backdoor Roth IRA is that it’s a way for high-income earners to get around the Roth IRA income limitations.