IRA contribution limits for 2024 and 2025 are $7,000 for adults under 50 and $8,000 for those 50 and older. The SEP-IRA contribution limit is the lesser of 25% of income or $69,000 in 2024 ($ ...

The 2025 IRA contribution limit remains $7,000, the same as in 2024. Savers over 50 may contribute an additional $1,000, also the same as in 2024. Roth IRA income thresholds will increase in 2025.