Traditional & Roth IRA contribution 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: 2022: $6,000 (under age 50); 2023: $6,500 (under age 50) 2022: $7,000 (age 50 or older); 2023: $7,500 (age 50 or older)