Traditional Ira Contribution Limits 2024 Age. For 2024, you can contribute up to $7,000 in your ira or $8,000 if you’re 50 or older. Review a table to determine if your modified adjusted gross income (agi) affects the amount of your deduction from your ira.

The contribution limits for 2024 are $7,000 per year,. Ira contribution limit increased for 2024.