IRA Contribution Limit Calculator

2026

Check your Traditional and Roth IRA limits based on income, age, and employer plan coverage.

By Konstantin Iakovlev · Updated April 2026 · Source: IRS

$
Covered by Employer Plan

Traditional IRA (Deductible)

$0.00

Roth IRA Limit

$7,500.00

Total IRA Limit

$7,500.00

IRA Contribution Options

2026 IRA Contribution Limit$7,500.00
Your Total Limit$7,500.00
Max Deductible Traditional IRA$0.00
Max Roth IRA$7,500.00
Non-Deductible Traditional IRA$7,500.00

Use the IRA Contribution Limit Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

Figuring out how much you can legally put into an Individual Retirement Account (IRA) for a given tax year is the starting point for any IRA strategy. Knowing that ceiling lets you make the most of tax-advantaged retirement savings while staying clear of the penalties that follow an over-contribution.

Several inputs shape the number. The tool starts from the IRS annual IRA contribution limit, factors in your age so that catch-up contributions apply once you reach 50 and over, and checks your earned income for the year. It also folds in anything you have already paid into other IRAs, such as Roth or SEP accounts, so the combined total stays within the aggregate limit.

Funding the full amount while overlooking other IRA contributions made the same year is an easy way to overshoot, as is ignoring the earned income requirement. Your contribution has to be backed by enough earned income to support it, since investment income and pensions generally do not qualify.

Example: Calculating IRA Contribution for a 45-Year-Old

  1. 1 Input: Tax Year = 2023, Age = 45, Earned Income = $70,000. (Assume no prior IRA contributions for the year).
  2. 2 The 2023 IRA contribution limit for individuals under 50 is $6,500. Since the individual's earned income ($70,000) is greater than the limit, and no other IRA contributions were made, the full limit applies.
  3. 3 Result: Your maximum IRA contribution for 2023 is $6,500.
  4. 4 Takeaway: This individual can contribute the full annual limit to their IRA, taking advantage of the tax benefits for their retirement savings.

Source: IRS · Last updated: April 2026

Frequently Asked Questions

What is the IRA contribution limit for 2026?
The 2026 IRA contribution limit is $7,000, or $8,000 if you are age 50 or older. This limit applies across all Traditional and Roth IRAs combined. It does not include rollovers or conversions.
Can I contribute to an IRA if I have a 401(k)?
Yes. You can always contribute to a Traditional IRA, but the deduction may be limited if you or your spouse are covered by a workplace plan and your income exceeds certain thresholds. Roth IRA contributions have their own income limits regardless of workplace plan coverage.
What happens if I contribute too much to my IRA?
Excess IRA contributions are subject to a 6% penalty for each year they remain in the account. To fix it, withdraw the excess plus any earnings before the tax filing deadline (including extensions). If you miss the deadline, you can apply the excess to the following year contribution.

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