Ira Limits 2024 Married Jointly

Ira Limits 2024 Married Jointly. You can take a full ira deduction for contributions of up to $6,500 ($7,500 if you are age 50 or older) or 100% of your (and if married filing jointly, your spouse's) compensation,. Anyone with an earned income and their spouses, if married and filing jointly, can contribute to a traditional ira.

$7,000 ($8,000 if you’re age 50 or older), or if. You could earn a credit of 10%, 20%, or 50% of your contributions, up to a dollar amount of $2,000 ($4,000 if married filing.