Max Ira Contribution 2025. Effective january 1, 2025, the limitation on the annual benefit under a defined benefit plan under section 415(b)(1)(a) of the code is increased from $275,000 to $280,000. There are limits to how much you can contribute to your retirement accounts, including iras.

The ira contribution limits for 2025 are $7,000 for those under age 50, and $8,000 for those age 50 or older. Effective january 1, 2025, the limitation on the annual benefit under a defined benefit plan under section 415(b)(1)(a) of the code is increased from $275,000 to $280,000.