After Tax Ira Contribution Limits 2024. Beginning in 2024, the ira contribution limit is increased to $7,000 ($8,000 for individuals age 50 or older) from $6,500 ($7,500 for individuals age 50 or older). The 2024 annual ira contribution limit is $7,000 for individuals under 50, or $8,000 for 50 or older.

Know about both roth and traditional ira limits. The maximum total annual contribution for all your iras (traditional and roth) combined is: