James J Baggett

Ira Income Limits 2025 Married. If you file taxes as a single person, your modified adjusted gross income (magi) must be under $153,000 for tax year 2023 and $161,000 for tax year 2025 to contribute to a roth ira, and if. Learn about the annual ira contribution limits for 2025 and how they compare to 2023.

Find out how your modified agi affects your ira deduction if you are covered by a retirement plan at work. The irs announced the 2025 ira contribution limits on november 1, 2023.