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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