2024 Ira Contribution Limits Over Age 50. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2024 and 2025 tax years is $7,000 or $8,000 if you are age 50 or older. If you’re 50 and over:
This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose. The maximum depends on the ira.
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