Ira Catch Up Contribution Limit 2024 Married. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older.
If you file separately and did not live with your spouse at any time during the year, your ira deduction is determined under the single filing status. Here’s how much you can contribute to your ira in 2022, 2023, and 2024.