2024 Ira Contribution Limits Over 50. Those 50 and older can contribute an extra $1,000 for a total of $8,000. This table shows whether your contribution to a roth ira is affected by the amount of your modified agi as computed for roth ira purpose.
The annual contribution limit for a traditional ira in 2023 was $6,500 or your taxable. Those 50 and older can contribute an extra $1,000 for a total of $8,000.