IRA Contribution Limits

Published on December 28, 2017

See Highlights of Changes for 2019

 
For 2015, 2016, 2017 and 2018, your total contributions to all of your traditional and Roth IRAs cannot be more than:

• $5,500 ($6,500 if you’re age 50 or older), or
• your taxable compensation for the year, if your compensation was less than this dollar limit.

The IRA contribution limit does not apply to:

• Rollover contributions
• Qualified reservist repayments

Visit the IRS website for more information including:

• Claiming a tax deduction for you IRA contribution
• Roth IRA contribution limitations based on filing status and income
• IRA contributions after age 70 ½
• Spousal IRAs