Roth IRA Contribution Limits and Income Limits 2024 and 2025
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Roth IRAs come with a nice perk — tax-free withdrawals in retirement as long as you're 59 ½ and have held the account for at least five years.
But your annual Roth IRA contribution depends on a few factors, including your income, tax filing status, and contributions made to other IRA accounts.
Roth IRA contribution limits 2024
For 2024, the Roth IRA contribution limit is $7,000. Those age 50 and older can contribute another $1,000 as a catch-up contribution, for a total of $8,000.
The cap applies to contributions made across all IRAs you might have. For example, you can contribute to both your Roth IRA and traditional IRA in the same year, but the combined contributions can't equal more than the annual limit of $7,000 or $8,000 for those 50 and older.
Roth IRA contribution limits 2025
The Roth IRA contribution limits for 2025 remain the same as 2024: $7,000 for those younger than age 50, with an extra $1,000 for those 50 and older as a catch-up contribution.
What does change, however, are the income limits for full and partial Roth IRA contributions.
In 2025, individuals filing as single must make less than $150,000 to contribute the full amount of $7,000. Those married filing jointly must make less than $236,000. Above these limits, the contribution limit is decreased until it is phased out completely. While a direct contribution might not be possible, there are still ways to contribute to your Roth IRA as a high-earner (detailed below).
» Ready to crunch the numbers? Jump to our Roth IRA contribution calculator.
Roth IRA income limits for 2024 and 2025
Your tax filing status and modified adjusted gross income (MAGI) determine how much you can contribute to a Roth IRA. If your MAGI is above the income limit for your filing status, your ability to contribute might be reduced, or you may not be able to contribute to a Roth IRA at all.
2024 Roth IRA income limits
In 2024, if your MAGI as a single filer is less than $146,000, you can contribute the full annual amount. If your MAGI is $146,000 or more but less than $161,000, your contribution is reduced. If your MAGI is $161,000 or more, you are not eligible to contribute.
Filing status | Roth IRA income limits 2024 | Roth IRA contribution limits 2024 |
|---|---|---|
Single, head of household, or married filing separately (if you didn't live with spouse during year) | Less than $146,000. | $7,000 ($8,000 if 50 or older). |
$146,000 or more, but less than $161,000. | Contribution is reduced. | |
$161,000 or more. | No contribution allowed. | |
Married filing jointly or surviving spouse | Less than $230,000. | $7,000 ($8,000 if 50 or older). |
$230,000 or more, but less than $240,000. | Contribution is reduced. | |
$240,000 or more. | No contribution allowed. | |
Married filing separately (if you lived with spouse at any time during year) | Less than $10,000. | Contribution is reduced. |
$10,000 or more. | No contribution allowed. |
2025 Roth IRA income limits
Filing status | Roth IRA income limits 2025 | Roth IRA contribution limits 2025 |
|---|---|---|
Single, head of household, or married filing separately (if you didn't live with spouse during year) | Less than $150,000. | $7,000 ($8,000 if 50 or older). |
$150,000 or more, but less than $165,000. | Contribution is reduced. | |
$165,000 or more. | No contribution allowed. | |
Married filing jointly or surviving spouse | Less than $236,000. | $7,000 ($8,000 if 50 or older). |
$236,000 or more, but less than $246,000. | Contribution is reduced. | |
$246,000 or more. | No contribution allowed. | |
Married filing separately (if you lived with spouse at any time during year) | Less than $10,000. | Contribution is reduced. |
$10,000 or more. | No contribution allowed. |
» See our list of best Roth IRA accounts
If your income reduces your Roth IRA contribution
If your contribution is reduced because of your income, contributing to a Roth can still be an option. Any amount you contribute adds to your Roth IRA balance, which grows tax-free, and you're still able to take those qualified distributions tax-free in retirement.
You’ll also gain some valuable tax diversification in retirement: Because Roth IRA distributions aren’t included in your taxable income in retirement, pulling money from that pot, in addition to a traditional IRA or 401(k), could keep you in a lower tax bracket, potentially reducing your Social Security and Medicare taxes, which increase at higher income levels.
If your income exceeds the Roth IRA limits
If your income is too high, you won't be able to contribute to a Roth IRA directly, but you do have an option to get around the income limit: a backdoor Roth IRA. This involves putting money in a traditional IRA and then converting the account to a Roth IRA.
If you have a 401(k), you could also consider a mega backdoor Roth, though this process may be more involved and incur potential tax bills. Working with a tax professional who’s familiar with your financial situation could be helpful.
Roth IRA contribution calculator
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Other Roth IRA contribution and income rules
Earned income restriction
The fine print on Roth IRA contribution limits — and any IRA contribution, for that matter — is that you can’t contribute more than your earned income for the year.
For example, that means that if your taxable compensation in 2024 is $3,000, your IRA contribution limit is also $3,000. If you didn't receive any earned income during the tax year, you can't contribute to any type of IRA, Roth included. (The exception is the spousal IRA, which allows a nonworking spouse to contribute to an IRA based on the taxable compensation of the working spouse.)
Excess Roth IRA contributions
Making an excess contribution to your Roth IRA could trigger IRS penalties. Given the Roth IRA's contribution rules, this might happen if you receive a salary bump or bonus during the year that shifts you to a higher income range after making a contribution. It could also happen if you use more than one IRA and contribute beyond the shared limit.
But here’s the good news: You’re allowed to backtrack. If you realize your mistake prior to filing your tax return, withdraw the excess contributions and the earnings you received on them.
If you’ve already filed, you can remove the excess and earnings within six months and file an amended tax return. In both cases, you’ll pay taxes on the earnings, but no penalty.
Another option is to reduce the following year’s contribution by the excess amount, but you’ll pay a 6% penalty on the excess that was contributed for every year it remains in the account. If you have questions about removing excess funds, it may make sense to work with a tax advisor.
» Dive deeper into the pros and cons of Roth IRAs.
