Ira Income Limits 2024 Married Filing Jointly. In 2024, the income limit for the credit increased to $76,500 for married couples filing jointly, up from $73,000 in 2023. To contribute to a spousal ira, you must be married filing a joint tax return with enough earned income to cover both contributions.

To contribute to a spousal ira, you must be married filing a joint tax return with enough earned income to cover both contributions. If you are age 50 or older, you may contribute $8,000 a year.