Maximum Amount For Ira Contribution 2024. If you're age 50 or older, you're eligible for extra contributions as well.  — for both traditional and roth iras, you can contribute up to $7,000 for 2024, up from $6,500 in 2023.

 — find out if your modified adjusted gross income (agi ) affects your roth ira contributions. For individual retirement accounts, or iras—both roth and traditional types—2024 contributions will max out at $7,000, up.