Spousal Ira Income Limits 2024 Over 65

Spousal Ira Income Limits 2024 Over 65. Couples with only one working spouse can contribute a combined total of up to $16,000 if both spouses are 50 or. For 2024, the individual spousal ira contribution limit is $7,000, or $8,000 for those aged 50 or older.

The roth ira contribution limit for 2024 is $7,000 for those under 50, and $8,000 for those 50 and older. Review a table to determine if your modified adjusted gross income (agi) affects the amount of your deduction from your ira.