Ira Contribution 2024. 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. Retirement savers age 50 and older can chip in an extra.

The ira calculator can be used to evaluate and compare traditional iras, sep iras, simple iras, roth iras, and regular taxable savings. Here’s how a roth ira works.