For the second year in a row, the Roth IRA (individual retirement account) contribution limits are going up. If you've been slacking on your retirement goals in the past, you have a good opportunity to redeem yourself in 2024. Whether your goal is to contribute more than you contributed last year or max out your account, here are a few pointers to help you think about your contribution goals.

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Contributing thousands of dollars to a Roth IRA might not be at the top of your priority list for 2024. But you may have a change of heart after you think about your future goals and how much it may cost you.

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Source Fool.com