Ira Maximum Contribution 2024 Plus Catch Up. Employees are allowed to make contributions out of their salaries of up to $16,000 in 2024 (up from $15,500 in 2023). The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023.

The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023. Workers age 50 or older can.