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.

Find out which IRA may be right for you and how much you can contribute. 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).

Find out which IRA may be right for you and how much you can contribute. 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
≥ $10,000 No deduction
Non-active participant spouse (e.g., those with spouses who earn no income) ≤ $189,000 Full deduction up to the amount of your contribution limit
> $189,000 but < $199,000 Full deduction up to the amount of your contribution limit
≥ $199,000 Full deduction up to the amount of your contribution limit

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
≥ $10,000 No deduction
Non-active participant spouse (e.g., those with spouses who earn no income) ≤ $193,000 Full deduction up to the amount of your contribution limit
> $193,000 but < $203,000 Full deduction up to the amount of your contribution limit
≥ $203,000 Full deduction up to the amount of your contribution limit

Contribution limits for small-business plans?

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