2024-2025 Roth IRA Contribution Limits
Open a Roth IRA and take advantage of after-tax benefits as you save for retirement.
Roth IRA contributions are made on an after-tax basis or through a 529 rollover starting in 2024. However, keep in mind that your eligibility to contribute to a Roth IRA is based on your income level.
For single filers, in 2024 your Modified Adjusted Gross Income (MAGI) must be under $146,000. In 2025 your MAGI must be under $150,000 to make a full Roth IRA contribution.
For joint filers, in 2024 your MAGI must be under $230,000. In 2025 your MAGI must be under $236,000 to make a full Roth IRA contribution.
The maximum total annual contribution for all your IRAs combined is:
- Tax Year 2024 and 2025 - $7,000, if you're under age 50 / $8,000 if you're age 50 or older.
With the passage of SECURE 2.0 Act, effective 1/1/2024 you may also be eligible to contribute to your Roth IRA using 529 rollover assets. Traditional IRAs do not qualify for this option. Consult with your tax advisor for guidance on your eligibility.
Roth IRA Contribution Limits (Tax Year 2025)
Roth IRA Contribution Limits (Tax Year 2025)
|
Single Filers (MAGI) |
Married Filing Jointly (MAGI) | Married Filing Separately (MAGI) | Maximum Contribution for individuals under age 50 | Maximum Contribution for individuals age 50 and older |
|
under $150,000
|
under $236,000
|
$0
|
$7,000
|
$8,000
|
|
$151,500
|
$237,000
|
$1,000
|
$6,300
|
$7,200
|
|
$153,000
|
$238,000
|
$2,000
|
$5,600
|
$6,400
|
|
$154,500
|
$239,000
|
$3,000
|
$4,900
|
$5,600
|
|
$156,000
|
$240,000
|
$4,000
|
$4,200
|
$4,800
|
|
$157,500
|
$241,000
|
$5,000
|
$3,500
|
$4,000
|
|
$159,000
|
$242,000
|
$6,000
|
$2,800
|
$3,200
|
|
$160,500
|
$243,000
|
$7,000
|
$2,100
|
$2,400
|
|
$162,000
|
$244,000
|
$8,000
|
$1,400
|
$1,600
|
|
$163,500
|
$245,000
|
$9,000
|
$700
|
$800
|
|
$165,000 & over
|
$246,000 & over
|
$10,000 & over
|
$0
|
$0
|
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Roth IRA Contribution Limits (Tax year 2024)
Roth IRA Contribution Limits (Tax year 2024)
| Single Filers (MAGI) | Married Filing Jointly (MAGI) | Married Filing Separately (MAGI) | Maximum Contribution for individuals under age 50 | Maximum Contribution for individuals age 50 and older |
| under $146,000 | under $230,000 | $0 | $7,000 | $8,000 |
| $147,500 | $231,000 | $0 | $6,300 | $7,200 |
| $149,000 | $232,000 | $0 | $5,600 | $6,400 |
| $150,500 | $233,000 | $0 | $4,900 | $5,600 |
| $152,500 | $234,000 | $0 | $4,200 | $4,800 |
| $153,500 | $235,000 | $0 | $3,500 | $4,000 |
| $155,000 | $236,000 | $0 | $2,800 | $3,200 |
| $156,500 | $237,000 | $0 | $2,100 | $2,400 |
| $158,000 | $238,000 | $0 | $1,400 | $1,600 |
| $159,500 | $239,000 | $0 | $700 | $800 |
| $161,000 & over | $240,000 & over | $10,000 & over | $0 | $0 |
Common questions
For single filers, in 2024 your Modified Adjusted Gross Income (MAGI) must be under $146,000. In 2025 your MAGI must be under $150,000 to make a full Roth IRA contribution.
For joint filers, in 2024 your MAGI must be under $230,000. In 2025 your MAGI must be under $236,000 to make a full Roth IRA contribution.
Yes, you can contribute to an IRA for unemployed non-working spouse that you file jointly with, but your total combined contribution can't exceed either your joint taxable income or double the annual IRA limit, whichever is less.
Minors can contribute to an IRA based only on the limits of their own earned income, and not that of their parents.
The deadline to contribute to your Roth IRA is typically April 15 of the following tax year. However, it is better to contribute earlier rather than later, so you can take advantage of tax-free growth potential for a longer period of time.