Ira Limits 2024 Over 50. The roth ira contribution limit for 2023 is $6,500 for those under 50, and $7,500 for those 50 and older. 401 (k), 403 (b), 457 (b), and their roth equivalents.
For 2024, you can contribute up to $7,000 in your ira or $8,000 if youโre 50 or older. The contribution limits for a simple ira are lower than for a sep ira.