Traditional Ira Contribution Limit 2025. Employees age 50 and older can contribute an additional $7,500 for a total of $31,000. The ira contribution limit is $7,000, or $8,000 for individuals 50 or older in 2024 and 2025.

$70,000 is the combined employee and employer contributions limits. While the contribution limits to workplace retirement plans are increasing by $500, iras and roth ira contributions limits will remain at $7,000 for 2025.