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2024 Ira Limits Contribution

2024 Ira Limits Contribution. Anyone can contribute to a traditional ira, but your ability to deduct contributions is based on your income. This is always 5x the maximum 401 (k) plan total contribution limit.


2024 Ira Limits Contribution

$6,500 (for 2023) and $7,000 (for 2024) if you’re under age 50. The maximum contribution limit for roth and traditional iras for 2024 is:

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