Ira Income Limits 2024 Single. For 2024, you can contribute as much as $7,000 to an ira or $8,000 if you're age 50 and older. You may be able to claim a deduction on your individual federal income tax return for the amount you contributed to your ira.
For 2024, you can contribute as much as $7,000 to an ira or $8,000 if you’re age 50 and older. Roth ira income and contribution limits for 2024.