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2024 Ira Contribution Limits Ira. The contribution limit for individual retirement accounts (iras) for the 2024 tax year is $7,000. This threshold is increased to $8,000 for individuals 50 and older.
If you’re age 50 and older, you can add an extra $1,000 per year in. Ira contribution limit increased for 2024.
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Category: 2024