2024 Ira Contribution Limits Catch Up Over 55. The total of all employee and employer contributions per employer will increase from $69,000 in 2024 to $70,000 in 2025 for those under 50. Those limits reflect an increase of $500.


2024 Ira Contribution Limits Catch Up Over 55

Anyone over the age of fifty can contribute an additional $7,500, which is the same as 2024. You can contribute a maximum of $7,000 (up from $6,500 for 2023).

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