M Stephens Jamie

Roth Ira Contribution Limits 2025 Phase Out. Using your magi, discover how much you can put into a roth ira in 2025 using sofi’s ira contribution calculator. These limits increase to $7,000 and $8,000 for ages 50 and older in tax year 2025.

If you’re covered by a retirement plan at work,. 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.