Ira Max Contribution 2024. The irs increased 2024 contribution limits for 401 (k)s, 403 (b)s, and iras. For both traditional and roth iras, you can contribute up to $7,000 for 2024, up from $6,500 in 2023.

Some retirement plans have lower limits, so check the details of your allowable. $6,500 if you’re younger than age 50.