2024 Ira Contribution Limits Spouse Over 65. If you're age 50 or older, you're eligible for extra contributions as well. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2024 tax year was $7,000 or $8,000 if you were age 50 or older.

The 2024 annual ira contribution limit is $7,000 for individuals under 50, or $8,000 for 50 or older. The roth ira income limits for married couples who want to make the maximum contribution are $218,000 in 2023 and $230,000 in 2024.