2024 Ira Contribution Limits Catch Update. To be eligible to contribute the maximum amount in 2024, your modified adjusted gross income (magi) must be less than $146,000 (up from $138,000 last year) if single, or. The ira catch up contribution limit for individuals aged 50 and over was.

The limit for ira contributions has been raised to $7,000 for 2024, up from the previous $6,500. The amount that individuals can.