2024 Ira Limits Irs. The 2024 annual ira contribution limit is $7,000 for individuals under 50, or $8,000 for 50 or older. The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024.
Staying informed about the 2024 irs contribution limits can significantly impact your employees’ retirement planning. If you’re age 50 or older, you’re eligible for extra contributions as well.