Ira Contribution For 2025. The irs determines the maximum contribution for each type of ira annually, and they recently announced the updated limits for tax year 2025. For 2025, you can contribute up to $7,000 to your ira, or $8,000 if 50 or older (same as 2024).

The contribution limits for a traditional or roth ira increased last year but remain. The maximum contribution an employer can make is $70,000 (up from $69,000 in.