Ira Limits 2025 Married Filing Joint. For individual taxpayers, the limit increases from $23,000 to $23,750. If you file a joint return, you may be able to contribute to an ira even if you didn’t have taxable compensation as long as your spouse did.

For the 2025 tax year, the irs is increasing the annual contribution limit for 401(k) plans by $500 from the current limit of $23,000 in 2024 to $23,500 in 2025. If you file a joint return, you may be able to contribute to an ira even if you didn’t have taxable compensation as long as your spouse did.