Ira Catch Up Contribution Limit 2024 Over 65. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000. If you're age 50 or older, you're eligible for extra contributions as well.

For 2024, the ira contribution limit will be $7,000 or $8,000 if you are at least age 50. You can contribute a maximum of $7,000 (up from $6,500 for 2023).