Max Ira Contribution 2024 Married Jointly.  — the limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2024 tax year was $7,000 or $8,000 if you were age 50 or older. If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually.

If you and your spouse file your taxes jointly, you can set up a separate account, known as a spousal ira, and make contributions to your ira and theirs — as long as you have. More people will be able to make contributions to roth.