Am I eligible for a Roth IRA contribution in 2020/2021?

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Make sure to check if you are filing as a single individual, married (filing jointly), or married (filing separately). Then, see if your MAGI income is below, in between, or higher than the IRS income limit range.

 

How much can I contribute?

Adjusted Gross Income = AGI

If your filing status is...

2020

And your modified AGI is...

2021

And your modified AGI is...

Then you can contribute...
married filing jointly or qualifying widow(er)

 < $196,000

< $198,000

 up to the limit $6,000 ($7,000 if 50 or older)

> $196,000 but

< $206,000

> $198,000 but

< $208,000

 a reduced amount

 >  $206,000

> $208,000

 zero

married filing separately and you lived with your spouse at any time during the year

 < $10,000

< $10,000

 a reduced amount

 > $10,000

> $10,000

 zero

singlehead of household, or married filing separately and you did not live with your spouse at any time during the year

 < $124,000

< $125,000

 up to the limit $6,000 ($7,000 if 50 or older)

 > $124,000 but

< $139,000

> $125,000 but

< $140,000

 a reduced amount

 > $139,000

> $140,000

 zero

See our IRA account

 

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