Rocket Dollar Knowledge Base

    What are the qualifications for a Roth IRA contribution in 2019?

    Make sure to check if you are filing as a single individual, married (filing jointly), or married (filing separately). Then, see if your MAGI income is below, in between, or higher than the IRS income limit range.

    Modified Adjusted Gross Income = MAGI

    How much can I contribute? Check your income range below.

    Below filing income phase out range = full $5,500 contribution

    In-between filing income phase out range = begin to phase out, partial contribution

    Above filing income phase out range = not eligible to contribute this year

    Tax filing status Roth IRA income ranges

    Single Individual

    • 2018: $120,000-$135,000
    • 2019: $122,000-$137,000

    Married (filing joint returns)

    • 2018: $189,000 - $199,000
    • 2019: $193,000-$203,000

    Married (filing separately)

    • 2018 & 2019: $1,000-$9,999

    $10,000+ in income is not eligible for Roth contributions

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    Rocket Dollar is not a financial or tax advisor. The knowledge base is educational but is not investment or tax advice. Please consult your own financial advisor, CPA, and IRS guidelines before making any investment or tax planning decisions. Copyright © 2018-2019 Rocket Dollar, Inc. All rights reserved.