2024 Traditional Ira Deduction Income Limits. 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: These charts show the income range in which your deduction may be disallowed if you or your spouse participates in a retirement plan at work:

If you’re age 50 or older, you’re eligible for extra contributions as well. The total contribution limit for iras in 2024 is $7,000.