Traditional Ira Contribution Limits 2024 In. The maximum amount you can contribute to a traditional ira or a roth ira in 2024 will be $7,000 (or 100% of your earned income, if less), up from $6,500 in 2023. The contribution limits for iras remain unchanged for 2025.

These limits saw a nice increase, which is due to higher than average. You can contribute to an ira at any age.