When is the Deadline to Contribute to my IRA?

You can contribute to either a Traditional or Roth IRA up until the tax filing deadline of the following year. For the 2025 tax year, the deadline is April 15, 2026. Filing a tax extension does not extend this deadline.

How Much Can I Contribute?

For 2025, the contribution limits for Traditional and Roth IRAs combined are:

  • $7,000 if you’re under age 50
  • $8,000 if you’re age 50 or older (this includes a $1,000 catch-up contribution)

You must also have earned income at least equal to the amount you contribute.

 

Traditional IRA Contributions can be Subject to Income Thresholds

Contributions to a traditional IRA may be tax-deductible, depending on income and whether you have access to a workplace retirement plan. If you or your spouse are not covered by a retirement plan, there are no income limits on traditional IRA contributions. The contribution limits are listed below:

If you are covered by a workplace retirement plan your deduction is limited based on income:

  • Single / Head of Household:
    Full deduction up to $77,000
    Partial deduction from $77,000 to $87,000
    No deduction above $87,000
  • Married Filing Jointly (covered spouse):
    Full deduction up to $123,000
    Partial deduction from $123,000 to $143,000
    No deduction above $143,000

If you are not covered by a workplace retirement plan, your deduction is not limited based on income:

  • Single / Head of Household:
    Full deduction allowed regardless of income
  • Married Filing Jointly:
    Full deduction allowed if neither spouse is covered

If only one spouse is covered and your filing status is Married Filing Jointly your deduction is limited based on income:

  • Non-covered spouse:
    Full deduction up to $230,000
    Partial deduction from $230,000 to $240,000
    No deduction above $240,000

 

Roth IRA Income Thresholds

Roth IRA contributions have income limits, but distributions can be tax-free based on your age and income. These contribution limits are listed below:

Single filers:

  • Under $150,000: Full contribution allowed
  • $150,000–$165,000: Partial contribution allowed
  • $165,000 or more: Not eligible to contribute directly to a Roth IRA

Married filing jointly:

  • Under $236,000: Full contribution allowed
  • $236,000–$246,000: Partial contribution allowed
  • $246,000 or more: Not eligible to contribute directly to a Roth IRA

 

If you’re making a contribution in early 2026 for the 2025 tax year, be sure to tell your custodian the contribution is for 2025. Otherwise, it may automatically be applied to 2026. If you need additional information about Traditional or Roth IRA contributions, give your Abacus! professional a call today!