Updates for 2023: Roth IRA Income Limits
We have updated our chart showing the Adjusted Gross Income (AGI) amounts and corresponding Roth contribution limits for Tax year 2023.
Filing Status | 2023 Modified AGI | Contribution Limit |
---|---|---|
Married Filing Jointly | Less than $218,000 | $6,500 ($7,500 if you’re age 50 or older) |
$218,000 to $228,000 | Reduced | |
$228,000 or more | Not eligible | |
Single, Head of Household, or Married Filing Separately (and you didn’t live with your spouse at any time during the year) | Less than $138,000 | $6,500 ($7,500 if you’re age 50 or older) |
$138,000 to $153,000 | Reduced | |
$153,000 or more | Not eligible |