Ira Contribution Limits 2024 Chart Over 50. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government's thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from. If you're age 50 or older, you're eligible for extra contributions as well.
The annual contribution limit for a traditional ira in 2023 was $6,500 or your taxable. In 2023, the contribution limits were $6,500, or $7,500 for taxpayers who are 50 or older.