Category

Retirement

Type

Above-Line

2025 Limit

$7,000 ($8,000 if 50+)

2026 Limit

$7,000 ($8,000 if 50+)

IRC Reference

IRC § 219

Eligibility

Anyone with earned income

Notes / Description

Deductibility phases out if covered by employer plan: $79K–$89K (single), $126K–$146K (MFJ) in 2025. No phase-out if no employer plan.