Calculator
How much of your IRA can be Roth or deducted?
Uses the IRS worksheets (Pub 590-A): reduced amounts are rounded up to the next $10, with a $200 minimum.
2026 Roth IRA contribution allowed$7,500the full limit
| Your MAGI | $85,000 |
|---|---|
| Roth phase-out (single/HOH) | $153,000–$168,000 |
| Maximum at your age | $7,500 |
| Roth contribution allowed | $7,500 |
| Traditional IRA deduction | $4,500 (range $81,000–$91,000) |
Roth and traditional IRA contributions share one limit: the total of both cannot exceed the amount shown for your age (or your taxable compensation, if lower).
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IRA contribution limits for 2025, 2026 and 2027
The 2026 IRA contribution limit is $7,500 plus a $1,100 catch-up from the year you turn 50, both set by IRS Notice 2025-67[n2567]. For 2027 both amounts stay the same[n2667][nr27].
| Limit | 2025 | 2026 | 2027 |
|---|---|---|---|
| Under 50 | $7,000 | $7,500 | $7,500 |
| Catch-up, age 50+ | $1,000 | $1,100 | $1,100 |
| Total at 50+ | $8,000 | $8,600 | $8,600 |
| Contribution deadline | April 15, 2026 | April 15, 2027 | April 15, 2028 |
The limit is one total across every IRA you own, and you can't contribute more than your taxable compensation for the year. A spouse with little or no pay can still use the full limit on a joint return, based on the working spouse's compensation[p590a]. Contributions for a year can be made until the due date of that year's return, not counting extensions[iralim].
The traditional IRA contribution limits for 2025 were $7,000 and $8,000 at 50+, and the 2025 Roth IRA contribution limit was the same combined amount. The window for 2025 contributions closed on April 15, 2026.
Traditional IRA deduction limits in 2026
Anyone with compensation can put money in a traditional IRA, but if you (or your spouse) are covered by a workplace retirement plan, the tax deduction phases out over these income ranges[n2567]:
| Situation | 2025 | 2026 | 2027 |
|---|---|---|---|
| Covered by a plan, single or head of household | $79,000–$89,000 | $81,000–$91,000 | $83,000–$93,000 |
| Covered, married filing jointly | $126,000–$146,000 | $129,000–$149,000 | $133,000–$153,000 |
| Not covered, but spouse is (joint) | $236,000–$246,000 | $242,000–$252,000 | $250,000–$260,000 |
| Covered, married filing separately | $0–$10,000 | $0–$10,000 | $0–$10,000 |
| Neither spouse covered | fully deductible | fully deductible | fully deductible |
Inside a range, IRS Worksheet 1-2 shrinks the deduction in a straight line and rounds it up to the next $10, with a $200 floor[p590a]. The law itself sets that rounding[irc219]. Roth contributions have their own, higher income limits: see the Roth IRA income limits.
Worked example: partly deductible IRA in 2026
A single 45-year-old with a 401(k) at work and modified AGI of $85,000 is inside the $81,000–$91,000 range:
- Room left in the range: $91,000 − $85,000 = $6,000.
- Deductible share: $6,000 ÷ $10,000 × $7,500 = $4,500 (already a multiple of $10).
- The other $3,000 can still go in as a nondeductible contribution (reported on Form 8606), or straight into a Roth IRA, since $85,000 is far below the Roth phase-out.
For a married couple filing jointly where the contributor is covered and joint MAGI is $129,500: ($149,000 − $129,500) × 37.5% = $7,312.50, rounded up to $7,320, which matches the IRS's 2026 draft worksheet example.
Common mistakes with IRA limits
- $7,500 per account. It is per person: a traditional IRA and a Roth IRA together can't exceed $7,500 ($8,600 at 50+).
- Contributing more than you earned. With $5,000 of wages your limit is $5,000, unless a spouse's pay supports a spousal IRA.
- Thinking a 401(k) blocks an IRA. It only limits the deduction; the contribution itself is always allowed.
- Missing the catch-up. You qualify for the $1,100 if you turn 50 at any time during the year.
- Mixing up workplace and IRA limits. Your 401(k) has a separate $24,500 limit; see the 401(k) limit page and the full table of 2026 contribution limits.
Growth, not just limitsThe Roth IRA calculator shows what $7,500 a year grows to tax-free. Later in life, IRA withdrawals become required: see the RMD calculator.
Frequently asked questions
What is the IRA contribution limit for 2026?
$7,500, or $8,600 if you are 50 or older by December 31, 2026. It is one limit for all your traditional and Roth IRAs together, and you need at least that much taxable compensation (yours or, on a joint return, your spouse's).
What were the traditional IRA contribution limits for 2025?
$7,000, or $8,000 at 50 and older. The deduction phased out between $79,000–$89,000 for a single filer covered by a workplace plan.
What was the 2025 Roth IRA contribution limit?
$7,000 ($8,000 at 50+), reduced for single filers with MAGI between $150,000–$165,000 and joint filers between $236,000–$246,000.
Can I contribute to an IRA if I have a 401(k)?
Yes. A workplace plan only affects whether a traditional IRA contribution is deductible: in 2026 a covered single filer gets the full deduction below $81,000 and none at $91,000 or more.
What is the 2027 IRA contribution limit?
$7,500 with a $1,100 catch-up, unchanged from 2026. The deduction and Roth income ranges do move up: $83,000–$93,000 and $158,000–$173,000 for single filers.
Sources
- Notice 2025-67, 2026 Amounts Relating to Retirement Plans and IRAs
- Notice 2026-66, 2027 Amounts Relating to Retirement Plans and IRAs, as Adjusted for Changes in Cost-of-Living
- Notice 2024-80, 2025 Amounts Relating to Retirement Plans and IRAs
- IR-2026-136, 401(k) limit increases to $25,500 for 2027, IRA limit remains $7,500
- Publication 590-A (2025), Contributions to Individual Retirement Arrangements (IRAs)
- IRA contribution limits
- 26 U.S. Code § 219, Retirement savings (IRA deduction and phase-out rounding)