IRA Contribution Limits by Year
Direct answer: The IRA contribution limit for 2025 is $7,000 ($8,000 with catch-up for those age 50 or older). This combined limit applies to all your IRAs together, traditional and Roth. The limit has been $7,000 since 2024 and was $6,000 from 2019 through 2022.
IRA contribution limits by year (2002-2025)
The same dollar limit applies to both traditional and Roth IRAs, combined. The catch-up contribution for savers age 50 or older has been $1,000 since 2006 and is not indexed to inflation.
| Year | Contribution Limit | Catch-up (Age 50+) | Total with Catch-up |
|---|---|---|---|
| 2002 | $3,000 | $500 | $3,500 |
| 2003 | $3,000 | $500 | $3,500 |
| 2004 | $3,000 | $500 | $3,500 |
| 2005 | $4,000 | $500 | $4,500 |
| 2006 | $4,000 | $1,000 | $5,000 |
| 2007 | $4,000 | $1,000 | $5,000 |
| 2008 | $5,000 | $1,000 | $6,000 |
| 2009 | $5,000 | $1,000 | $6,000 |
| 2010 | $5,000 | $1,000 | $6,000 |
| 2011 | $5,000 | $1,000 | $6,000 |
| 2012 | $5,000 | $1,000 | $6,000 |
| 2013 | $5,500 | $1,000 | $6,500 |
| 2014 | $5,500 | $1,000 | $6,500 |
| 2015 | $5,500 | $1,000 | $6,500 |
| 2016 | $5,500 | $1,000 | $6,500 |
| 2017 | $5,500 | $1,000 | $6,500 |
| 2018 | $5,500 | $1,000 | $6,500 |
| 2019 | $6,000 | $1,000 | $7,000 |
| 2020 | $6,000 | $1,000 | $7,000 |
| 2021 | $6,000 | $1,000 | $7,000 |
| 2022 | $6,000 | $1,000 | $7,000 |
| 2023 | $6,500 | $1,000 | $7,500 |
| 2024 | $7,000 | $1,000 | $8,000 |
| 2025 | $7,000 | $1,000 | $8,000 |
Source: IRS: IRA Deduction Limits. Last verified: September 2026. Verify current-year figures at IRS.gov before making decisions.
Key rules
The limit applies to combined contributions across all your IRAs. You cannot contribute more than your earned income for the year. The contribution deadline is the tax filing deadline (typically April 15) of the following year.
Frequently asked questions
What is the IRA contribution limit for 2025?
The IRA contribution limit for 2025 is $7,000 for those under age 50, or $8,000 for those age 50 or older (including the $1,000 catch-up). This limit applies to the combined total across all your IRAs. If you contribute $4,000 to a Roth IRA, you may contribute up to $3,000 more to a traditional IRA in the same year.
Can I contribute to both a traditional IRA and a Roth IRA in the same year?
Yes. You can contribute to both types in the same tax year, but your combined contributions across all IRAs cannot exceed the annual limit of $7,000 (or $8,000 if age 50 or older in 2025). Income limits apply separately to Roth IRA contributions and to the deductibility of traditional IRA contributions.
Why did IRA limits stay flat from 2019 to 2022?
The IRA limit stayed at $6,000 from 2019 through 2022 because the IRS adjusts limits only when cumulative inflation warrants a $500 increment. Low inflation during 2019-2021 kept the limit unchanged. When inflation surged in 2022, the $500 increment was triggered for 2023, raising the limit to $6,500, and again for 2024 to $7,000.