2024 Ira Contribution Limits Chart Over 50. In 2025, the roth ira contribution limit is the same as for 2024 at $7,000 for those under 50, and $8,000 for those 50 and older. If you’re single, your contributions to a traditional ira up to $6,500 (or $7,500 if over age 50) are deductible regardless of your income if you’re not covered by a workplace.
What is the maximum ira contribution for 2024? For 2024 and 2025, the ira contribution limit is $7,000 for those under 50.
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