Q) I need to know how much total I have contributed to my Roth IRA.
A) To find out how much you have contributed to your Roth IRA, you will need to gather your account statements or other documentation that shows your contributions. The total amount of your Roth IRA contributions for any given year cannot exceed the annual contribution limit set by the IRS.
For 2023, the annual contribution limit for Roth IRAs is $6,000, or $7,000 if you are age 50 or older. If you have multiple Roth IRA accounts, you can split your contributions between them, as long as the total contribution amount does not exceed the annual limit.
Keep in mind that contributions to a Roth IRA are made with after-tax dollars, so they do not result in an immediate tax deduction. However, earnings in a Roth IRA grow tax-free, and qualified withdrawals are also tax-free.