Ira Contribution Limits 2024 Chart Over 50

Ira Contribution Limits 2024 Chart Over 50. 11 rows ira contribution limits for 2024 and 2025 are $7,000 for adults under 50 and $8,000 for those 50 and older. Employees age 50 and older can contribute an additional $7,500 for a total of $31,000.

$6,500 (for 2023) and $7,000 (for 2024) if you’re under age 50; For 2025, employees can now contribute up to $23,500 to a 401(k) or 403(b) plan if they’re under 50, up from $23,000 in 2024.