2022 Individual Retirement Accounts (IRAs)
Participant of Employer Retirement Plan:
Filing Status Modifed AGI Deduction
Single or Head of Household $68,000 or less Full up to limit
$68,001 - $78,000 Partial
$78,000 or more No deduction
Joint or Surviving Spouse $109,000 or less Full up to limit
$109,001 - $129,000 Partial
$129,000 or more No deduction
Married Filing Separately less than $10,000 Partial
$10,000 or more No deduction
One Spouse Participates - One Does Not:
Filing Status Modified AGI Deduction
Married Filing Jointly $204,000 or less Full up to limit
$204,001 - $214,000 Partial
$214,000 or more No Deduction
Married Filing Separately less than $10,000 Partial
$10,000 or more No deduction
2022 Retirement Plan Contribution Limits
Plan Type Under Age 50 Over Age 50
IRA (Traditional & Roth) $6,000 $7,000