2024 Ira Contribution Limits Spouse Income. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2023 tax year was $6,500 or $7,500 if you were age 50 or older. As of 2024, spousal iras have the same annual contribution limits as any other ira, $7,000.
Your earned income for the year. The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you’re age 50 or older.