2026 IRA contribution limits: What you need to know

This article is for informational purposes only and does not constitute tax, legal or financial advice. Tax rules and retirement account regulations can vary by individual circumstance. You should consult a qualified tax or financial professional before making any retirement or investment decisions.

What are IRA contribution limits?

IRA contribution limits are the maximum amounts you can put into all your Individual Retirement Account in a tax year. The limit applies combined across all Traditional IRAs and Roth IRAs, not separately. That means you can split contributions between account types, but your total contributions can’t exceed the annual cap.

The IRS adjusts the limits annually for cost-of-living changes and sometimes due to legislation like the SECURE 2.0 Act.

2026 IRA contribution limits

For the 2026 tax year, the IRS has raised the annual IRA contribution limits.

• Standard limit: $7,500 (up from $7,000 in 2025).
• Catch-up contribution (age 50+): $1,100 (up from $1,000 in 2025).
• Total possible if age 50 or over: $8,600.
• Contributions must be made by the Tax Day in the following year (April 15, 2027).

Remember: These limits apply across all your Traditional and Roth IRAs combined. You can divide the total between multiple accounts in any way that works for you, as long as the sum doesn’t exceed the limit.

Roth IRA income limits for 2026

Unlike Traditional IRAs, Roth IRAs have income eligibility limits that determine how much you can contribute directly. Those limits are also adjusted for inflation in 2026.

Single or head-of-household filers

• Full contribution if your Modified Adjusted Gross Income (MAGI) is below $153,000.
• Phase-out range: $153,000 to $168,000.
• No direct contribution once MAGI reaches $168,000.

Married, filing jointly

• Full contribution if MAGI is below $242,000.
• Phase-out range: $242,000 to $252,000.
• No direct contribution once MAGI reaches $252,000.

Married, filing separately:

• Phase-out range remains $0 to $10,000.

If your income falls in the phase-out range, your allowable contribution is reduced. If it’s above the range, you aren’t eligible to make direct Roth IRA contributions.

Earned income must cover the amount you contribute – investment income alone doesn’t qualify.

How to open a Roth IRA

Traditional IRA deductibility and income limits

Anyone with earned income can contribute to a Traditional IRA regardless of income. However, whether those contributions are tax-deductible depends on your income and whether you (or your spouse) are covered by a workplace retirement plan.

For 2026, the IRS has increased the income ranges that affect deductibility:

• Single filers covered by a workplace retirement plan: Phase-out between $81,000 and $91,000.
• Married filing jointly (plan participant): Phase-out between $129,000 and $149,000.
• Married filing jointly (if your spouse is covered, but you’re not): Phase-out between $242,000 and $252,000.

If your income is above these ranges, your Traditional IRA contribution may not be fully deductible, but you can still contribute.

How to open a Traditional IRA

Contribution deadlines and rules

The deadline to make IRA contributions for the 2026 tax year is the unextended federal tax return due date – April 15, 2027. This window lets you contribute early in the following year while still claiming it for 2026.

You must also have earned income at least equal to the amount you contribute. If you’re married but one spouse doesn’t earn income, a spousal IRA can allow contributions based on the working spouse’s income if you file jointly.

Excess IRA contributions

If you contribute more than the IRS allows, the excess is generally subject to a 6% penalty each year until it’s corrected. You can usually fix this by withdrawing the excess amount (and earnings) before the tax filing deadline or by timely applying it to another year.

Example scenarios for IRA contributions

Single filer under income limit
A 30-year-old with MAGI below $153,000 can contribute up to $7,500 to a Roth IRA for 2026.

Married couple filing jointly
Each spouse with earned income can contribute up to the IRA limit; if both are age 50+, they can each take advantage of the $1,100 catch-up.

Income in phase-out range
A married couple with MAGI of $245,000 may make a partial Roth IRA contribution for 2026.

Discover the Crypto.com Stocks IRA 

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Learn more about the Crypto.com Stocks IRA

FAQs about IRA contribution limits for 2026

What are the 2026 IRA contribution limits?
For the 2026 tax year, the IRS allows contributions of up to $7,500 across all IRAs. Individuals 50 or older may contribute an additional $1,100 catch-up amount, for a total of $8,600.

Can I contribute to both Traditional and Roth IRAs?
Yes. You can contribute to both a Traditional IRA and a Roth IRA in the same year, as long as your combined contributions across all IRA accounts don’t exceed the annual IRS limit.

What are the 2026 Roth IRA income limits?
For 2026, full Roth IRA contributions are allowed if MAGI is below $153,000 for single filers or $242,000 for married couples filing jointly. Contributions phase out above these levels.

What’s the deadline to make 2026 contributions?
You generally have until the federal tax filing deadline (April 15, 2027) to make IRA contributions designated for the 2026 tax year.

Can my Traditional IRA contribution be tax-deductible?
Traditional IRA contributions may be tax-deductible, depending on your income and whether you or your spouse are covered by a workplace retirement plan, such as a 401(k).

What happens if I exceed the limit?
If you contribute more than the IRS allows, the excess amount may be subject to a 6% annual penalty for each year it remains in the account, until corrected.

This is informational content sponsored by Crypto.com and should not be considered as investment advice.

Foris Capital US LLC (“FCUL” or referred to herein as “Crypto.com Stocks”) is a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a Member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). FCUL does not provide investment, legal or tax advice. The information provided is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation For further information about FCUL, please visit FINRA BrokerCheck.
FCUL is a subsidiary of Crypto.com. 

FCUL is a separate entity from Crypto.com, Foris DAX, Inc., and other affiliated Foris companies. FCUL does not engage in the sale, transfer or custody of crypto currencies or digital assets. Crypto.com is a separate entity from FCUL and does not engage in the securities business. Customer balances and crypto holdings held and transacted at Crypto.com and other entities outside of FCUL are not covered by SIPC insurance and are separate from securities transactions and holdings at FCUL. Fractional shares are not available for all equities.

Crypto.com IRA services are offered to eligible U.S. users only. Eligible customers can open a Traditional IRA or Roth IRA with Foris Capital US, which supports stocks and cash, and a separate Traditional IRA or Roth IRA with Foris DAX Trust Company, LLC, which supports digital assets only. All services and features related to digital assets apply to the IRA provided by Foris DAX Trust Company, LLC, not by Foris Capital US, LLC. IRA features are subject to regulatory requirements and availability. All accounts are subject to eligibility requirements, and applicable terms and conditions. Users should consult with independent tax and financial advisors regarding their individual situation.

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