The IRS Announces 2026 Roth IRA Contribution and Income Limits

The IRS has released its updated contribution and income limits for Roth Individual Retirement Accounts (IRAs) for the year 2026.

In a recent announcement, the agency raised the IRA contribution limit to $7,500, up from $7,000 in 2025. Additionally, the catch-up contributions for investors aged 50 and older have also increased from $1,000 to $1,100.

These annual limits apply to both traditional IRAs and Roth IRAs. Moreover, the income threshold for taxpayers contributing to Roth IRAs has been adjusted as well.

Roth IRA Income Phase-Out in 2026

To make the most of Roth IRA contributions, your modified adjusted gross income (MAGI) must fall below certain levels, which have changed for 2026.

For single taxpayers or those filing as head of household, the income phase-out range has increased from $153,000 to $168,000. This change follows a smaller range of $150,000 to $165,000 in 2025, allowing partial contributions to the Roth for those within that range.

If your MAGI is under $153,000, you can contribute the full amount to your Roth IRA. Conversely, if it exceeds $168,000, you won’t be eligible to contribute.

For married couples filing jointly, the deductible range is now set to increase from $236,000 to $246,000 in 2025, adjusting to $242,000 to $252,000. Couples can likewise make partial contributions to their Roth IRAs if their MAGI falls within the updated limits.

If your MAGI is below $242,000, you’re eligible for full contributions, but if it exceeds $252,000, contributions to a Roth IRA aren’t allowed.

Interestingly, the IRS noted that the phase-out for those filing separately remains static, ranging from $0 to $10,000, and won’t see a rise related to cost-of-living adjustments.