Spousal Ira Limits 2024. Those limits reflect an increase of $500 over. The ira contribution limits for 2023 are $6,500 for those under age 50, and $7,500 for those age 50 or older.
Spousal ira contributions allow a working spouse to put money in their nonworking spouse’s retirement account, if they meet these requirements. The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older.
