Roth IRA Income Phase-Out Calculator

Determine your 2024 Roth IRA contribution limit based on MAGI. Phase-out: $146,000–$161,000 (single); $230,000–$240,000 (MFJ). Max contribution: $7,000 ($8,000 if 50+).

Principal ($)
Annual Rate (%)
Years
Compounding / Year
$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.
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How It Works

Determine your 2024 Roth IRA contribution limit based on MAGI. Phase-out: $146,000–$161,000 (single); $230,000–$240,000 (MFJ). Max contribution: $7,000 ($8,000 if 50+)

Each component has a specific meaning:

  • MAGI — The magi recorded for the scenario being assessed.

Note: Interpret the roth ira phase-out result against the thresholds and context described above.

How to Use

Enter the MAGI for the scenario you are assessing. Determine your 2024 Roth IRA contribution limit based on MAGI. Phase-out: $146,000–$161,000 (single); $230,000–$240,000 (MFJ). Max contribution: $7,000 ($8,000 if 50+). Use the roth ira phase-out result to inform your calculation.

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Frequently Asked Questions