Ira Contribution Limits 2024 . Here's how much you can contribute to your ira in 2022, 2023, and 2024. You may be able to claim a deduction on your individual federal income tax return for the amount you contributed to your ira.
The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024. $6,500 (for 2023) and $7,000 (for 2024) if you’re under age 50.
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