Ira Income Limits 2024 Married Filing Separately. The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you're age 50 or older. If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually across all your iras.
If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually across all your iras. For married couples filing a joint income tax return, the limit applies separately to each.