2025 401k Limits Married Filing Jointly Over 65 . For married couples filing jointly, if the spouse. The income limit for taking a full deduction for your contribution to a traditional ira while participating in a workplace retirement plan in 2024 is $77,000 for single filers and.
$30,000 ($800 increase) taxpayers who are 65 or older can take an additional standard deduction, which is also adjusted for inflation. Here are the new income limits for traditional ira contributions:
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