IRA Contribution Limits for 2026

$7,500, up from $7,000 in 2025. If you are 50 or older by the end of the year you can add a $1,100 catch-up, for $8,600 in total. The limit is one combined amount across all your traditional and Roth IRAs, and you cannot contribute more than your taxable compensation for the year.

Yes, for the first time since it became indexed for inflation. Notice 2025-67 raised it from $1,000 to $1,100.

If neither you nor your spouse is covered by a retirement plan at work, yes, in full, whatever your income. If you are covered, the deduction phases out between $81,000 – $91,000 of modified AGI for single filers and $129,000 – $149,000 for joint filers. If only your spouse is covered, your deduction phases out between $242,000 – $252,000. You can still contribute above those ranges; the contribution is simply not deductible.

Direct Roth contributions phase out between $153,000 and $168,000 of modified AGI for single filers and heads of household, and between $242,000 and $252,000 for married couples filing jointly. The Roth IRA income limits page has the detail.

The due date of your 2026 return, not counting extensions, which falls in April 2027. A contribution made between January 1 and that date can be designated for either 2026 or 2027, so tell the IRA custodian which year it is for.

Yes, if you file jointly. A spousal IRA lets a spouse with little or no earned income contribute up to the full $7,500 ($8,600 at 50 or older), as long as the couple's combined taxable compensation covers both contributions.