Ira Contribution Limits 2024 Married Jointly Over 65. Married nonworking individuals can use their. — a person who turns 50 this year and starts contributing can sock away $128,000 in an ira by age 65, not including any investment returns on the principal or.
— 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. If you’re married and file jointly, you can still contribute to an ira even if you have no earned income.