Tax Facts

Indexed IRA Limits: 2017-2024

Individual Retirement Account
Limit		2017
(IR 2016-55)		2018
(Rev. Proc.
2017-64)		2019
(Notice 2018-83)		2020
(Notice 2019-59)		2021
(Notice 2020-79)		2022
(Notice 2021-61)		2023
(Notice 2022-38)		2024 (Notice 2023-75)
Total Contributions to Traditional and Roth IRAs – see Q 3656, Q 3659$5,500$5,500$6,000$6,000$6,000$6,000$6,500$7,000
Total Catch-up Contributions to Traditional and Roth IRAs – see Q 3656, Q 3659$1,000$1,000$1,000$1,000$1,000$1,000$1,000$1,000
Traditional IRA Deductible Contribution Limit: MAGI- see Q 3656
Joint Return (Active Participant Spouse)$99,000-
$119,000		$101,000-
$121,000		$103,000-
$123,000		$104,000-
$124,000		$105,000-
$125,000		$109,000-
$129,000		$116,000-
$136,000		$123,000-
$143,000
Joint Return (Non Active Participant Spouse)$186,000-
$196,000		$189,000-
$199,000		$193,000-
$203,000		$196,000-
$206,000		$198,000-
$208,000		$204,000-
$214,000		$218,000-
$228,000		$230,000-
$240,000
Single/Head of Household$62,000-
$72,000		$63,000-
$73,000		$64,000-
$74,000		$65,000-
$75,000		$66,000-
$76,000		$68,000-
$78,000		$73,000-
$83,000		$77,000-
$87,000
Roth IRA Contribution Limit: MAGI- see Q 3659
Joint Return$186,000
-$196,000		$189,000-
$199,000		$193,000-
$203,000		$196,000-
$206,000		$198,000-
$208,000		$204,000-
$214,000		$218,000-
$228,000		$230,000-
$240,000
Single/Head of Household$118,000-
$133,000		$120,000-
$135,000		$122,000-
$137,000		$124,000-
$139,000		$125,000-
$140,000		$129,000-
$144,000		$138,000-
$153,000		$146,000-
$161,000

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