2024 Ira Contribution Limits Chart Over 50. — the 2024 annual ira contribution limit is $7,000 for individuals under 50, or $8,000 for 50 or older. — the total of all employee and employer contributions per employer will increase from $69,000 in 2024 to $70,000 in 2025 for those under 50.
— for both traditional and roth iras, you can contribute up to $7,000 for 2024, up from $6,500 in 2023. — the combined annual contribution limit in 2024 for a traditional and roth ira is $7,000 for those younger than age 50 and $8,000 for those 50 and older (since the latter.