2025 Roth Ira Limits Income Tax. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000. Contribution limits are enforced across traditional iras and roth iras, but income limits only apply to roth.

If you file taxes as a single person, your modified adjusted gross income (magi) must be under $153,000 for tax year 2023 and $161,000 for tax year 2025 to contribute to a roth ira, and if you’re married and filing. For the 2025 tax season, standard roth ira contribution limits increased from last year, with a $7,000 limit for individuals.