2024 Ira Contribution Limits Chart. $7,000 ($8,000 if you're age 50 or older), or; The combined 2024 ira contribution limit is $7,000, or $8,000 for those aged 50 and older.
This limit was lower in 2023 at $6,500. Contribution limits for 401 (k), 403 (b), and most 457 plans, as well as the federal government’s thrift savings plan will also increase by $500 for 2024.