|
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
|
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 $7,000 ($8,000 for those age 50 and over) for tax year 2025 and no more than $7,500 ($8,600 for those age 50 and over) for tax year 2026.