Irs Traditional Ira Contribution Limits 2025

Irs Traditional Ira Contribution Limits 2025. For employer sponsored plans, including 401(k)s the 2025 contribution limits will jump to $23,000. The ira contribution limits for 2025 are $7,000 for those under age 50, and $8,000 for those age 50 or older.

Anyone can contribute to a traditional ira, but your ability to deduct contributions is based on. For 2021, $6,000, or $7,000 if you’re age 50 or older by the end of the year;