Ira Contribution Limits 2025 Income Limits Over 50. For those who are age 50 and older, you can contribute an additional $1,000 annually, bringing your total to $8,000, the same as it was last year. Taxpayers aged 50 and older can contribute $8,000 to an ira in 2025.

Taxpayers aged 50 and older can contribute $8,000 to an ira in 2025. For example, if i had $5,000 of earned income in 2024, i can’t contribute more than that amount to an ira, even though the 2024 contribution limit is $7,000 (plus another $1,000.