How this roth ira contribution calculator 2026 works
2026 limits: $7,500 under 50, $8,600 at 50+ (SECURE 2.0 catch-up, up from $1,000 to $1,100). Inside the phase-out range the IRS rounds your reduced limit up to the nearest $10 (we do the same). Contributions are per-person (a working spouse adds another full limit for a non-working spouse), must come from earned income, and the $17,500 401(k) limit above does NOT reduce this allowance.
Frequently asked questions
What is the Roth IRA income limit in 2026?
Phase-out for single filers (and MFS who lived with a spouse): MAGI $168,000–$183,000. Married filing jointly: $242,000–$252,000. Under the lower bound you contribute the full limit; above the upper bound, nothing directly.
What if I'm over the limit?
A Backdoor Roth — contribute to a Traditional IRA (no income cap for contributions) and convert — is legal and widely used; mind the pro-rata rule if you hold pre-tax IRA money. Alternatively a Mega Backdoor Roth via 401(k) Roth contributions if your plan allows after-tax deferrals.
Does Social Security count as 'income' here?
Taxable Social Security is in MAGI, but the 2026 senior deduction (up to $6,000 per person from OBBBA) can keep many retirees under the phase-out entirely. MAGI ≠ gross Social Security — it starts from AGI.