2025 Max Ira Contribution Amounts

2025 Max Ira Contribution Amounts. Anyone can contribute to a traditional ira, but your ability to deduct contributions is based on your income. If you're age 50 or older, you're eligible for extra contributions as well.

If you’re age 50 and older, you can add an extra $1,000 per year. Iras in 2025 have an individual contribution limit of $7,000, with an additional $1,000 allowed for earners 50+ years old.