2023 IRA contribution limits
The annual combined contribution limit for traditional and Roth IRAs.
Primary reference value
$6,500| Parameter | Amount |
|---|---|
| Employee contribution | $6,500 |
| Age catch-up | $1,000 |
- Announced
- Not recorded; see primary document
- Effective
- 2023-01-01 to 2023-12-31
- Next usual release
- November
Who this applies to.
Taxable compensation can cap contributions. Roth eligibility and traditional-IRA deductibility depend on income and workplace plan coverage.
Published by IRS. The table uses tax year dates. Check the source for eligibility, elections and exceptions.
Use the 2023 number.
Assumes full-year eligibility and that your plan permits catch-ups. IRA compensation limits apply. HSA includes employer contributions and excludes Medicare enrollment. Special 403(b) service and 457 final-three-year catch-ups are not modeled. Roth catch-up treatment affects tax treatment, not the total limit. SEP uses 25% of employee compensation; self-employed SEP needs its separate net-earnings worksheet.
IRA contribution limits history.
| Year | Reference value | Change | Status |
|---|---|---|---|
| 2021 | $6,000 | — | Official |
| 2022 | $6,000 | +$0 | Official |
| 2023 | $6,500 | +$500 | Official |
| 2024 | $7,000 | +$500 | Official |
| 2025 | $7,000 | +$0 | Official |
| 2026 | $7,500 | +$500 | Official |
| 2027 | $7,500 | +$0 | Projected |
History compares the primary reference value; use each year’s full table for other filing statuses, regions or limits.
Questions about ira contribution limits.
What is the 2023 ira contribution limits?
The sourced table above shows the 2023 values. Its status is official. The primary reference is $6,500; other statuses or categories may differ.
When will the next number be announced?
The usual publication window is November. This is a typical schedule, not a promised date. The calendar distinguishes published values from pending releases.
Is this official or projected?
The displayed 2023 record is official. Official means a primary agency document or statute supports the value. A projection states its formula, inflation data and assumptions and changes when an official source becomes available.
How does it compare with last year?
The primary reference changed from $6,000 in 2022 to $6,500 in 2023. Each table should be compared using the same filing status, region and effective period.
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