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Contribution Limits

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2015–2016 Roth IRA Contribution Limits

You make Roth IRA contributions on an after-tax basis. Use the charts below to see how much you can contribute based on your income.

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Roth IRA Contribution Limits (Tax Year 2016)1
Modified Adjusted Gross Income (MAGI)
Maximum Contributions for Individuals Under Age 50 Maximum Contributions for Individuals Age 50 and Older
Single Filers Married Filing Jointly Married Filing Separately
under $117,000 under $184,000 $0 $5,500 $6,500
$118,500 $185,000 $1,000 $4,950 $5,850
$120,000 $186,000 $2,000 $4,400 $5,200
$121,500 $187,000 $3,000 $3,850 $4,550
$123,000 $188,000 $4,000 $3,300 $3,900
$124,500 $189,000 $5,000 $2,750 $3,250
$126,000 $190,000 $6,000 $2,200 $2,600
$127,500 $191,000 $7,000 $1,650 $1,950
$129,000 $192,000 $8,000 $1,100 $1,300
$130,500 $193,000 $9,000 $550 $650
$132,000 & over $194,000 & over $10,000 & over $0 $0

Roth IRA Contribution Limits (Tax Year 2015)1
Modified Adjusted Gross Income (MAGI)
Maximum Contributions for Individuals Under Age 50 Maximum Contributions for Individuals Age 50 and Older
Single Filers Married Filing Jointly Married Filing Separately
under $116,000 under $183,000 $0 $5,500 $6,500
$117,500 $184,000 $1,000 $4,950 $5,850
$119,000 $185,000 $2,000 $4,400 $5,200
$120,500 $186,000 $3,000 $3,850 $4,550
$122,000 $187,000 $4,000 $3,300 $3,900
$123,500 $188,000 $5,000 $2,750 $3,250
$125,000 $189,000 $6,000 $2,200 $2,600
$126,500 $190,000 $7,000 $1,650 $1,950
$128,000 $191,000 $8,000 $1,100 $1,300
$129,500 $192,000 $9,000 $550 $650
$131,000 & over $193,000 & over $10,000 & over $0 $0

1. You may contribute simultaneously to a Traditional IRA and a Roth IRA (subject to eligibility) as long as the total contributed to all (Traditional and/or Roth) IRAs totals no more than $5,500 ($6,500 for those age 50 and over) for tax year 2015 and no more than $5,500 ($6,500 for those age 50 and over) for tax year 2016.

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