Overall Contribution Limit for Traditional and Roth IRAs

If you aren’t married filing jointly, your limit on contributions to traditional and Roth IRAs is generally the smaller of $7,000 ($8,000 if age 50 or older at the end of 2025) or your taxable compensation (defined below).

If you are married filing jointly, your contribution limit is generally $7,000 ($8,000 if age 50 or older at the end of 2025) and your spouse’s contribution limit is $7,000 ($8,000 if age 50 or older at the end of 2025) as well. But if the combined taxable compensation of both you and your spouse is less than $14,000 ($15,000 if one spouse is age 50 or older at the end of 2025; $16,000 if both spouses are age 50 or older at the end of 2025), see Kay Bailey Hutchison Spousal IRA Limit in Pub. 590-A for special rules.

This limit doesn’t apply to employer contributions to a traditional SEP, traditional SIMPLE, Roth SEP, or Roth SIMPLE IRA.

Note: Rollovers, Roth IRA conversions, Roth IRA rollovers from qualified retirement plans, and repayments of qualified reservist distributions, qualified disaster distributions (also known as qualified disaster recovery distributions), qualified birth or adoption distributions, emergency personal expense distributions, domestic abuse distributions, and terminal illness distributions don’t affect your contribution limit.

The amount you can contribute to a Roth IRA may