2025 Ira Contribution Limits Spouse Over 65. The limit for annual contributions to roth and traditional individual retirement accounts (iras) for the 2025 tax year was $7,000 or $8,000 if you were age 50 or older. If both are over 50, they can contribute an additional $7,500 each,.

The combined annual contribution limit for roth and traditional iras for the 2025 tax year is $7,000, or $8,000 if you’re age 50 or older. 2025 ira contribution and deduction limits effect of modified agi on deductible contributions if you are covered by a retirement plan at work.