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2024 Ira Contribution Limits Income Tax

2024 Ira Contribution Limits Income Tax. The 2024 annual ira contribution limit is $7,000 for individuals under 50, or $8,000 for 50 or older. The annual contribution limit for a traditional ira in 2023 was $6,500 or your taxable.


2024 Ira Contribution Limits Income Tax

Ira contribution limits for 2023 and 2024. You may be able to claim a deduction on your individual federal income tax return for the amount you contributed to your ira.

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