Max Ira Contribution 2024 Over 60 . Anyone can contribute to a traditional ira, but your ability to deduct contributions is based on your income. You can make salary deferrals (salary reduction contributions) up to $16,000 for 2024 if you have a simple ira.
If you are 50 and older, you can. If you’re age 50 and older, you can add an extra $1,000 per year in.
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