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2024 Ira Contribution Limits Estimated Tax. The maximum total annual contribution for all your iras (traditional and roth) combined is: The estimated tax savings is a projection based on the difference between investing in a standard taxable account and investing in a roth ira.
If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000. A full deduction up to the amount of your contribution limit.
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