2024 Ira Contribution Limits 2024 Over 50. The maximum amount you can contribute to a roth ira for 2024 is $7,000 (up from $6,500 in 2023) if you're younger than age 50. More than $77,000 but less than $87,000.

I estimate it will go up by $1,000 to $24,000 in 2025 (or $23,500 if inflation is low). The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you’re age 50 or older.