Ira Contribution Limits 2024 Over 70. For 2024, individuals can contribute up to $7,000 to their ira accounts. Ira contribution limit increased for 2024.
If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000. The 2023 contribution limit for both traditional and roth iras is $6,500 ($7,000 in 2024).