2024 Ira Contribution Limits Spouse 2024. The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older. The irs announced increases to 401 (k) and ira contribution limits for 2024 on november 1.

For individuals under the age of 50,. For 2023, the limit is $6,500.