In 2025, you can contribute up to $7,000 to a Roth IRA if you are under age 50. If you are age 50 or older, you can contribute up to $8,000, which includes a $1,000 catch-up contribution
. However, your ability to contribute depends on your modified adjusted gross income (MAGI) and tax filing status:
- Single filers:
- Full contribution if MAGI is less than $150,000
- Reduced (partial) contribution if MAGI is between $150,000 and $165,000
- No contribution allowed if MAGI is $165,000 or more
- Married filing jointly:
- Full contribution if MAGI is less than $236,000
- Reduced contribution if MAGI is between $236,000 and $246,000
- No contribution allowed if MAGI is $246,000 or more
- Married filing separately (if lived with spouse at any time during the year):
- Reduced contribution if MAGI is less than $10,000
- No contribution allowed if MAGI is $10,000 or more
You can contribute up to the annual limit or 100% of your earned income for the year, whichever is less. Contributions for a given tax year can be made up until the tax filing deadline of the following year, typically April 15
