Skip to main content

Is there a limit to the amount I can put into a Roth IRA each year?

Depending on your income, for the 2017 tax year you can contribute up to:

$5,500 if you’ll be under 50 years of age at the end of the year; or

$6,500 if you’ll be 50 years of age or older at the end of the year.

This is the amount you can contribute each year to all your Roth IRAs and traditional IRAs combined—not just your myRA—and may change in future years. These limits do not apply to the transfer or rollover of an existing Roth IRA account balance to another Roth IRA. Visit myRA.gov/roth-ira to learn more.