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... |
2024 And your modified AGI is... |
2025 And your modified AGI is... |
Then you can contribute... |
| married filing jointly or qualifying widow(er) |
< $230,000 |
< $236,000 |
up to the limit $7,000 ($8,000 if 50 or older) |
|
> $230,000 but < $240,000 |
> $236,000 but < $246,000 |
a reduced amount |
|
|
> $240,000 |
> $246,000 |
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 |
|
| single, head of household, or married filing separately and you did not live with your spouse at any time during the year |
< $146,000 |
< $150,000 |
up to the limit $7,000 ($8,000 if 50 or older) for 2024 |
|
> $146,000 but < $161,000 |
> $150,000 but < $165,000 |
a reduced amount |
|
|
> $161,000 |
> $165,000 |
zero |
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