What is a Roth IRA contribution limit in 2026?

In 2026, the Roth IRA contribution limit is $7,000 per year ($8,000 if you are age 50 or older). Income limits apply: single filers begin phasing out above $150,000 MAGI (modified adjusted gross income) and are fully ineligible above $165,000. Married filing jointly phaseout begins at $236,000 and ends at $246,000. If you exceed the income limit, consider the "backdoor Roth IRA" strategy.