2024 Traditional Ira Contribution Limits


2024 Traditional Ira Contribution Limits. You can still make a 2023 individual retirement account contribution and possibly claim a deduction. In 2024, you can contribute up to $7,000 to a traditional ira, a roth ira, or a combination of the two.


2024 Traditional Ira Contribution Limits

Workers 50 and older are eligible for an additional $1,000. In general, for the 2024 tax year, the contribution limits for traditional individual retirement accounts (iras) are as follows:

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