Ira Limits 2024 Irs. 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. It will stay the same at $7,000 in 2025.
The traditional ira and roth ira contribution limits increased from $6,500 to $7,000, and $8,000 if you are aged 50 and older. $7,500 if you’re aged 50 or older.