Understanding the 2026 contribution limits and income phase-outs for Roth and Traditional IRAs can help Arizona taxpayers maximize their retirement savings. Here’s a clear breakdown for single and married filers.
2026 Contribution Limits
- Under age 50: $7,500
- Age 50 or older: $8,600 (includes $1,100 catch-up contribution)
These limits apply to the total amount you can contribute across all Traditional and Roth IRAs combined.
Roth IRA Income Limits 2026
Your ability to contribute to a Roth IRA depends on your modified adjusted gross income (MAGI) and filing status:
- Single / Head of Household:
- Full contribution if MAGI is under $153,000
- Partial contribution if MAGI is between $153,000 and $168,000
- No contribution if MAGI is $168,000 or higher
- Married Filing Jointly:
- Full contribution if MAGI is under $242,000
- Partial contribution if MAGI is between $242,000 and $252,000
- No contribution if MAGI is $252,000 or higher
Traditional IRA Deduction Limits 2026
Anyone with earned income can contribute to a Traditional IRA, but the ability to deduct the contribution depends on whether you (or your spouse) are covered by a workplace retirement plan and your income.
If you are covered by a workplace plan:
- Single: Full deduction if MAGI is $81,000 or less; phases out between $81,000–$91,000
- Married Filing Jointly: Full deduction if MAGI is $129,000 or less; phases out between $129,000–$149,000
If you are not covered by a workplace plan but your spouse is:
- Full deduction if joint MAGI is $242,000 or less; phases out between $242,000–$252,000
Key Differences
- Traditional IRA: Contributions may be tax-deductible now; withdrawals are taxed in retirement.
- Roth IRA: Contributions are made with after-tax dollars; qualified withdrawals are tax-free.
Need Help Choosing or Contributing?
Vault Financials helps Arizona individuals and couples decide between Roth and Traditional IRAs and maximize their 2026 contributions while staying compliant.
Contact us today for personalized guidance.
Disclaimer: This article is for educational purposes only. Tax rules can change and individual situations vary. Consult a qualified tax professional for advice specific to your situation.