Ira Contribution Limits 2024 Chartered Bank. Those 50 and older can contribute an extra $1,000 for a total of $8,000. For 2024, you can contribute up to $7,000 in your ira or $8,000 if you’re 50 or older.
To be eligible to contribute the maximum amount in 2024, your modified adjusted gross income (magi) must be less than $146,000 (up from $138,000 last year). 2024 ira contribution and income limits.
