Ira Contribution Limits 2024 Over 50. If you're age 50 and older, you. You can contribute a maximum of $7,000 (up from $6,500 for 2023).
Review a table to determine if your modified adjusted gross income (agi) affects the amount of your deduction from your ira. For 2024, the upper limit for a contribution to a roth ira reaches $240,000 for certain filers, to account for inflation and increasing wages.