Ira Income Limits 2024 Married In India. The deduction may be limited if you or your spouse is covered by a retirement plan at work and your income exceeds. The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024.
The contribution limits for a traditional or roth ira increased last year for the first time in four years, and the limits are going up again for 2024. Youโre married filing jointly or a qualifying widow(er) with an agi of $240,000 or more.