2024 Ira Contribution Amount Limit. Whether you’re contributing to a traditional ira, roth ira, or a combination, the 2024 contribution limit is $7,000, or $8,000 for those. Contribution maximums and other dollar limits are readjusted annually based on inflation.

The ira catch‑up contribution limit for individuals aged 50 and. 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.