2025 IRA Contributions
IRA Contribution Limit: $7,000 (or $8,000 if age 50 or older)
401(k), 403(b), Government 457(b) and SARSEP Elective Deferrals Limit: $23,500 (or $31,000 if age 50 or older)
SIMPLE IRA Contribution Limit: $16,500 (or $20,000 if age 50 or older)
SEP Contribution Limit: 25% of Compensation (or Max of $70,000)
2025 IRA Contribution and Deduction Limits Effect of Modified AGI on Deductible Contributions If You ARE Covered by a Retirement Plan at Work
|
If Your Filing Status Is… |
And Your Modified AGI Is… | Then You Can Take… |
|---|---|---|
| single or head of household |
$79,000 or less |
a full deduction up to the amount of your contribution limit. |
|
more than $79,000 but less than $89,000 |
a partial deduction. |
|
|
$89,000 or more |
no deduction. |
|
| married filing jointly or qualifying widow(er) |
$126,000 or less |
a full deduction up to the amount of your contribution limit. |
|
more than $126,000 but less than $146,000 |
a partial deduction. |
|
|
$146,000 or more |
no deduction. |
|
| married filing separately |
less than $10,000 |
a partial deduction. |
|
$10,000 or more |
no deduction. |
|
| If you file separately and did not live with your spouse at any time during the year, your IRA deduction is determined under the “single” filing status. | ||
2025 IRA Contribution and Deduction Limits Effect of Modified AGI on Deductible Contributions if You are NOT Covered by a Retirement Plan at Work
| If Your Filing Status Is… | And Your Modified AGI Is… | Then You Can Take… |
|---|---|---|
| single, head of household, or qualifying widow(er) |
any amount |
a full deduction up to the amount of your contribution limit. |
| married filing jointly or separately with a spouse who is not covered by a plan at work |
any amount |
a full deduction up to the amount of your contribution limit. |
| married filing jointly with a spouse who is covered by a plan at work |
$236,000 or less |
a full deduction up to the amount of your contribution limit. |
|
more than $236,000 but less than $246,000 |
a partial deduction. |
|
|
$246,000 or more |
no deduction. |
|
| married filing separately with a spouse who is covered by a plan at work |
less than $10,000 |
a partial deduction. |
|
$10,000 or more |
no deduction. |
|
| If you file separately and did not live with your spouse at any time during the year, your IRA deduction is determined under the “single” filing status. | ||
Amount of Roth IRA Contributions That You Can Make for 2025
| If your filing status is… | And your modified AGI is… | Then you can contribute… |
|---|---|---|
| married filing jointly or qualifying widow(er) |
< $236,000 |
up to the limit |
|
> $236,000 but < $246,000 |
a reduced amount |
|
|
> $246,000 |
zero |
|
| married filing separately and you lived with your spouse at any time during the year |
< $10,000 |
a reduced amount |
|
> $10,000 |
zero |
|
| single, head of household, or married filing separately and you did not live with your spouse at any time during the year |
< $150,000 |
up to the limit |
|
> $150,000 but < $165,000 |
a reduced amount |
|
|
> $165,000 |
zero |
Mission Statement
Our mission is to enhance our client’s financial security and peace of mind. We take great care in listening to our client’s needs and objectives, so that we can build customized investment portfolios to help them achieve their financial goals and dreams.
Services
We provide financial and investment services including Registered Investment Advisory Services, Private Portfolio Management, Financial Planning, IRAs, College Savings Plans, Life Insurance and Estate Planning Assistance.
Client Letters
Click HERE to view our newly published Client Letter for the Spring of 2025. You can also view any other of our archived Client Letters and Newsletters which contain advice and tools to help you navigate the myriad of financial news and trends.
• Advisory services offered through Osaic Advisory Services, LLC (Osaic Advisory).
• Securities offered through Osaic Wealth, Inc., Member FINRA/SIPC
• Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.
This communication is strictly intended for individuals residing in the states of AL, AZ, CA, HI, ID, KT, MT, NM, NV, OR, TX, UT, WA. No offers may be made or accepted from any resident outside the specific state(s) referenced.
PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the websites provided here, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites. The company is not liable for any direct or indirect technical or system issues or any consequences arising out of your access to, or use of third-party technologies, websites, information, and programs made available through this website. When you access one of these websites, you are leaving our website and assume total responsibility and risk for your use of the websites you are linking to.
Dated material presented here is available for historical and archival purposes only and does not represent the current market environment. Dated material should not be used to make investment decisions or be construed directly or indirectly, as an offer to buy or sell any securities mentioned. Past performance cannot guarantee future results.