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IRA Contribution Limits Just Went Up -- Here's Exactly How Much You Can Contribute in 2024

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IRA Contribution Limits Just Went Up -- Here's Exactly How Much You Can Contribute in 2024: https://g.foolcdn.com/editorial/images/760074/couple-at-laptop-2023.jpg

Thanks to inflation, the IRS increased the maximum you're allowed to invest in your IRA in 2024. In this video, Certified Financial Planner® Matt Frankel discusses the new limits, the revised income limitations, and when you need to get your contributions in.

*Stock prices used were the afternoon prices of Jan. 3, 2024. The video was published on Jan 4, 2024.

Source Fool.com

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