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Traditional Ira Contribution Limits 2024 Irs. The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you're age 50 or older. $6,500 (for 2023) and $7,000 (for 2024) if you're under age 50;
That means you can contribute $7,000 or $8,000 if you’re 50 in 2025. Limits on roth ira contributions based on modified agi.
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