IRA Contribution Limits

Learn about income and contribution limits for contributing to Traditional and Roth IRAs.

2018 and 2019 Traditional & Roth IRA contribution limits

Total annual contributions to your Traditional and Roth IRAs combined cannot exceed:

  • 2018: $5,500, 2019: $6,000 (under age 50)
  • 2018: $6,500, 2019: $7,000 (age 50 or older)

Roth IRA contribution limits and eligibility are based on your modified adjusted gross income (MAGI), depending on tax-filing status. Partial contributions are allowed for certain income ranges.

Traditional IRA contributions are not limited by annual income.

Calculate your IRA contribution limit


2018 & 2019 Roth IRA income requirements

2018

Filing Status Modified adjusted gross income (MAGI)1 Contribution Limit
Single individuals < $120,000 $5,500
≥ $120,000 but < $135,000 Partial contribution (calculate)
≥ $135,000 Not eligible
Married (filing joint returns) < $189,000 $5,500
≥ $189,000 but < $199,000 Partial contribution (calculate)
≥ $199,000 Not eligible
Married (filing separately)2 Not eligible $5,500
< $10,000 Partial contribution (calculate)
≥ $10,000 Not eligible

2019

Filing Status Modified adjusted gross income (MAGI)1 Contribution Limit
Single individuals < $122,000 $6,000
≥ $122,000 but < $137,000 Partial contribution (calculate)
≥ $137,000 Not eligible
Married (filing joint returns) < $193,000 $6,000
≥ $193,000 but < $203,000 Partial contribution (calculate)
≥ $203,000 Not eligible
Married (filing separately)2 Not eligible $6,000
< $10,000 Partial contribution (calculate)
≥ $10,000 Not eligible

Contribution limits for small-business plans?

See annual limits for SEP and SIMPLE IRAs, 401(k)s, and investment-only plans.

If you are covered by a retirement plan at work, you can make a full or partially deductible contribution to a Traditional IRA, based on your modified adjusted gross income (MAGI).

Calculate your IRA contribution limit


2018 & 2019 Traditional IRA deduction limits

2018

Filing Status Modified adjusted gross income (MAGI)1 Deduction Limit
Single individuals ≤ $63,000 Full deduction up to the amount of your contribution limit
> $63,000 but < $73,000 Partial deduction (calculate)
≥ $73,000 No deduction
Married (filing joint returns) ≤ $101,000 Full deduction up to the amount of your contribution limit
> $101,000 but < $121,000 Partial deduction (calculate)
≥ $121,000 No deduction
Married (filing separately)2 Not eligible Full deduction up to the amount of your contribution limit
< $10,000 Partial deduction (calculate)
≥ $10,000 No deduction
Non-active participant spouse (i.e., those with spouses who earn no income) ≤ $189,000 Full deduction up to the amount of your contribution limit
> $189,000 but < $199,000 Partial deduction (calculate)
≥ $199,000 No deduction

2019

Filing Status Modified adjusted gross income (MAGI)1 Deduction Limit
Single individuals ≤ $64,000 Full deduction up to the amount of your contribution limit
> $64,000 but < $74,000 Partial deduction (calculate)
≥ $74,000 No deduction
Married (filing joint returns) ≤ $103,000 Full deduction up to the amount of your contribution limit
> $103,000 but < $123,000 Partial deduction (calculate)
≥ $123,000 No deduction
Married (filing separately)2 Not eligible Full deduction up to the amount of your contribution limit
< $10,000 Partial deduction (calculate)
≥ $10,000 No deduction
Non-active participant spouse (i.e., those with spouses who earn no income) ≤ $193,000 Full deduction up to the amount of your contribution limit
> $193,000 but < $203,000 Partial deduction (calculate)
≥ $203,000 No deduction

Contribution limits for small-business plans?

See annual limits for SEP and SIMPLE IRAs, 401(k)s, and investment-only plans.