IRA Contribution Limits: How Much Can You Save?
The 2026 combined Traditional and Roth IRA contribution limit is $7,500, with a $1,100 catch-up at age 50+. The limit is shared across all your IRAs — you cannot contribute the full amount to each account.
2026 IRA contribution limits
| Category | 2026 Limit |
|---|---|
| Under age 50 | $7,500 |
| Age 50+ (catch-up) | $8,600 |
| Combined Roth + Traditional | $7,500 shared |
The limit is shared
The $7,500 limit applies across all of your Traditional and Roth IRAs combined. If you contribute $5,000 to a Roth IRA and $2,500 to a Traditional IRA, you've hit the limit. You cannot contribute $7,500 to each account.
How workplace-plan coverage affects deductibility
If you or your spouse are covered by a workplace retirement plan (401(k), 403(b), 457(b), etc.), your ability to deduct Traditional IRA contributions may be limited by income. See our Traditional IRA deduction limits guide for the phase-out ranges. Roth IRA eligibility is also limited by income — see our Roth IRA income limits guide.
Contribution deadline
IRA contributions for a tax year can be made up to the tax filing deadline (typically April 15 of the following year), not including extensions. If you file for an extension, the deadline does not extend — it's still April 15.
Spousal contributions
If your spouse has little or no earned income, you may be able to contribute to an IRA on their behalf using the spousal IRA rule. The working spouse must have earned income at least equal to the total contributions for both spouses. See our Spousal IRA guide for details.
Frequently asked questions
Can I contribute to both a 401(k) and an IRA?
Yes. Workplace-plan coverage can affect Traditional IRA deductibility and Roth IRA eligibility, but it doesn't prevent IRA contributions.
When does the Roth IRA contribution reset?
January 1 of each year. You can contribute for the prior tax year until April 15 and for the current tax year from January 1 onward.
Sources
Gleefund explains general retirement-account concepts and provides estimates. It does not provide financial, tax, or legal advice. See our disclaimer and methodology. Check the current IRS rules before acting.
Figures current as of 2026-09-25. Found an error? Contact us.