Maximum Ira Contribution 2024 Catchup. If you’re 50 or older, you can make an additional $1,000 catch. Those same limits apply to 403(b).
Employees are allowed to make contributions out of their salaries of up to $16,000 in 2024 (up from $15,500 in 2023). The annual contribution limit for a traditional ira in 2023 was $6,500 or your taxable.