2018 contribution limits for your IRA

The Internal Revenue Service (IRS) sets limits on the amount you can contribute to an IRA each year.

Contribution limits for 2018

For 2018, the contribution limit is $5,500—the same as it was in 2017. The catch-up contribution (for those age 50 or older) also has stayed the same, so you can add an additional $1,000, for a total of $6,500. These limits are the most you can contribute across all the IRAs you own.

If you’re married and file a joint return, you may be able to make a contribution for your nonworking spouse. This means the total combined contributions that can be made to your IRA and your spouse's IRA can be as much as $11,000 ($12,000 if one of you is age 50 or older or $13,000 if both of you are age 50 or older).

Traditional IRAs


You can contribute to an IRA if you’re under age 70½ and have earned income. You may be able to contribute to a spousal IRA if your spouse doesn’t work and you file joint tax returns.


You may be able to deduct your traditional IRA contributions. Deductibility depends on whether you participate in an employer-sponsored retirement plan, your tax filing status, and your Modified Adjusted Gross Income (MAGI).

2018 traditional IRA deductibility 

(with employer-sponsored retirement plan)

Tax filing status

Fully deductible

Partially deductible



$63,000 or less


$73,000 or more

Married filing jointly

$101,000 or less


$121,000 or more

Married filing separately



$10,000 or more


Roth IRAs


Your ability to contribute to a Roth IRA depends on your MAGI.

2018 Roth IRA eligibility

Tax filing status

Full contribution

Partial contribution

Not eligible


Less than $120,000


$135,000 or more

Married filing jointly

Less than $189,000 


$199,000 or more

Married filing separately


Less than $10,000 

$10,000 or more



Roth IRA contributions aren’t tax deductible, but if you meet certain requirements, your earnings and withdrawals will be tax-free.

Get more information

To find out more about IRA contribution limits, visit the IRS website . A financial professional can help you examine your personal situation so you can decide if contributing to an IRA is right for you.