Ira Contribution Limits 2024 Age Limit

Ira Contribution Limits 2024 Age Limit. If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually across all your iras. For both traditional and roth iras, you can contribute up to $7,000 for 2024, up from $6,500 in 2023.

$7,500 if you’re aged 50 or older. The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024.