Roth IRA income limits for 2026 are $153,000 for Single or Head of Household filers and $242,000 for Married Filing Jointly or Qualifying Widower filers. These limits apply to Modified Adjusted Gross Income (MAGI).
Traditional IRA deduction limits vary based on whether you participate in a workplace retirement plan. If you do, Single or Head of Household filers need income below $80,000 to fully deduct contributions. Married Filing Jointly or Qualifying Widower filers need income below $130,000. If your spouse has a workplace plan but you don't, the phase-out range is $242,000 to $252,000 for 2026, up from $236,000 to $246,000 in 2025.
If neither you nor your spouse participates in a workplace retirement plan, no income limits apply to Traditional IRA deductions.
The IRS combines your contributions to both Traditional and Roth IRAs. The 2026 contribution limit is $7,500 per year. Those 50 and older can contribute $8,600. You can make contributions for the previous tax year until the filing deadline, typically April 15. For 2026 contributions, that deadline is April 15, 2027.
The income limits change annually based on inflation. The IRS typically announces the new limits in the fall for the following tax year.
One strategy: If you're close to hitting phase-out limits, increasing 401(k) contributions can lower your MAGI and help you qualify for full IRA contributions.