Roth IRA

Roth IRA contribution limits for 2019 are reduced (phased out) based on the following MAGI levels:

Roth IRA Contribution Phaseout:

As indicated in the charts and text above, the tax year 2019 will see an increase in allowable IRA contributions and elective deferrals to 401(k) plans.  The IRA deduction phase-out range increases to $193,000 to $203,000 for an IRA contributor not covered by a workplace retirement plan and is married to a taxpayer who is covered.  The phase-out limit is the same for a Roth IRA.  For Single and Head of Household taxpayers, the phase-out range for a Roth IRA is $122,000 to $137,000.


Cathy Fisher

Common Cents Bookkeeping and Tax Preparation

Serving Henderson, NC, Buncombe County, Polk County, Transylvania County


P: 828-595-2835

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