Ira Contribution Limits 2024. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. The maximum total annual contribution for all your iras combined is:

The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. For both traditional and roth iras, you can contribute up to $7,000 for 2024, up from $6,500 in 2023.