2024 Contribution Limits Ira Over 50. For both traditional and roth iras, you can contribute up to $7,000 for 2024, up from $6,500 in 2023. If you're age 50 or older, you're eligible for extra contributions as well.


2024 Contribution Limits Ira Over 50

Those limits reflect an increase of $500 over the 2023. Iras in 2024 have an individual contribution limit of $7,000, with an additional $1,000 allowed for earners 50+ years old.

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