2024 Ira Contribution Limits Estimate. Anyone can contribute to a traditional ira, but your ability to deduct contributions. This is an increase from 2023, when the limits were $6,500 and $7,500,.

In 2024, you can give up to $18,000 per person to as many individuals as you want without filing a gift tax return (together, married couples can give up to $36,000 to. The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024.