2024 Ira Contribution Limits Chart

2024 Ira Contribution Limits Chart. The amount you can contribute to a roth ira depends on your modified adjusted gross income (magi). The maximum total annual contribution for all your iras (traditional and roth) combined is:

For 2024, you can contribute up to $7,000 in your ira or $8,000 if you’re 50 or older. Beginning in 2024, the ira contribution limit is increased to $7,000 ($8,000 for individuals age 50 or older) from $6,500 ($7,500 for individuals age 50 or older).