Traditonal Ira Contribution Limits 2024. Those are the caps even if you make more, up to the phaseout level. The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024.
But your income and your (as well as your. $6,500 (for 2023) and $7,000 (for 2024) if you’re under age 50.