Traditional Ira Income Limits 2024 Married. The deduction may be limited if you or your spouse is covered by a. If you have a traditional ira, a roth ira―or both―the maximum combined amount you may contribute annually across all your iras is the same:

The deduction may be limited if you or your spouse is covered by a. As a couple, you can contribute a combined total of $14,000 (if you’re both under 50) or $16,000 (if you’re both 50 or older) to a traditional ira for 2024.