2025 Ira Contribution Limits Irs. You can make 2025 ira contributions until the. You may be able to claim a deduction on your individual federal income tax return for the amount you contributed to your ira.

The combined annual contribution limit for roth and traditional iras for the 2025 tax year is $7,000, or $8,000 if you’re age 50 or older. 2025 ira contribution and deduction limits effect of modified agi on deductible contributions if you are not covered by a retirement plan at work.