The IRS has recently announced the updated income limits for Roth IRA contributions for the year 2025.

For single filers and heads of household, the modified adjusted gross income (MAGI) phaseout range has been increased to $150,000 to $165,000, up from the previous range of $146,000 to $161,000. Taxpayers falling within this range are eligible to make partial contributions, while those with a MAGI below $150,000 can contribute the full amount.

On the other hand, individuals with a MAGI exceeding $165,000 are not allowed to contribute. For married couples filing jointly, the income phaseout range has also seen an increase and is now set between $236,000 and $246,000, compared to the earlier range of $230,000 to $240,000. Similar to single filers, couples falling within this range can make partial contributions, with full contributions available for those earning under $236,000. Couples with a MAGI above $246,000 will not be able to contribute to a Roth IRA at all.

It is worth noting that the phaseout range for married individuals filing separately remains unchanged at $0 to $10,000, as it is not subject to annual adjustments.