Ira Limits 2024 Catch Up. You can make salary deferrals (salary reduction contributions) up to $16,500 for 2025, up from $16,000 for 2024, if you have a simple ira. The maximum roth ira contribution limit for 2025 is the same as for 2024, which is $7,000 for those under 50, and an additional $1,000 in catch up contribution for those 50 and older.
For both traditional and roth iras, you can contribute up to $7,000 for 2025, the same amount as in 2024. In addition to the general contribution limit that applies to both roth and traditional iras, your roth ira contribution may be limited based on.