Roth Contribution Income Limits 2025 Over 55

Roth Contribution Income Limits 2025 Over 55. The roth ira contribution limits for 2023 were $6,500 or your taxable. The maximum amount that can be rolled over into a roth ira from a 529 plan is $35,000 per beneficiary, per account.

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. The maximum amount that can be rolled over into a roth ira from a 529 plan is $35,000 per beneficiary, per account.