Ira Limits 2025 Over 50 . Anyone can contribute to a traditional ira, but your ability to deduct contributions is. The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2025 and 2025.
For both traditional and roth iras, you can contribute up to $7,000 for 2025, the same amount as in 2025. Anyone can contribute to a traditional ira, but your ability to deduct contributions is.
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2025 Simple Ira Contribution Limits 2025 Over 55 Idalia Friederike , Retirement savers age 50 and older can chip in an extra $1,000.