Contribution Limits 2024 Multiple Iras. The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024. Your personal roth ira contribution limit, or eligibility to contribute at all, is.

For employees under the age of 50, employee salary reduction contributions. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000.