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Roth IRA Contribution Limit Phaseout Calculator

Posted By Jim On 01/25/2010 @ 12:28 pm In Retirement | 40 Comments

If you’re confused about how much you can contribute to your Roth IRA this year, this calculator can help!

As you probably know, you have until tax due day [3], April 16th, to make a contribution to your Roth IRA for 2012. What you might not know is how much you are able to contribute, if your income (modified adjusted gross income [4]) happens to be within the phaseout range for your filing status. There are a lot of websites that will give you the ranges, the rules for calculating your personal limit, but I couldn’t find a simple calculator that did the math for me… so I built one.

The calculator is very simple, just select your filing status, check off whether you are 50+ or not, enter in your modified AGI and click the “How much can I contribute?” button. That’s it. Here are the Roth IRA and Traditional IRA contribution limits [5].

Be sure to double check these figures with your accountant before using!

Roth IRA Contribution Limit Phaseout Calculator

This calculator is based on Tax Year 2011 data (for the phaseouts and limits). After April 15th, I’ll update this with the 2012 phaseout ranges and update the post to reflect this.

Marital Status: Single/HOH
Married Filing Jointly
Married Filing Separately
Age 50 & Above
Your MAGI:
Your Contribution Limit:



The phaseout ranges for each filing type is (2012):

  • Single/HOH: $110,000 – $125,000
  • Married Filing Jointly: $173,000 – $183,000
  • Married Filing Separately: $0 – $10,000

For 2013, the ranges become:

  • Single/HOH: $112,000 – $127,000
  • Married Filing Jointly: $178,000 – $188,000
  • Married Filing Separately: $0 – $10,000

The contribution limit for 2012 is $5000 if you are not yet 50, $6000 if you are aged 50 and above. In 2013, it’s increased to $5500. Some other idiosyncrasies in the phaseout (and subsequently in the calculator) is that the contribution steps are in $10 increments (always rounding up) and the minimum limit, unless you exceed the upper threshold, is $200.

Lastly, you can only make contributions if you have earned income.

If you see any problems with the calculator, please let me know in the comments and I’ll remedy them as soon as possible.


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[2] Email: mailto:?subject=http://www.bargaineering.com/articles/roth-ira-contribution-limit-phaseout-calculator.html

[3] tax due day: http://www.bargaineering.com/articles/taxes-due-april-17-2012.html

[4] modified adjusted gross income: http://www.bargaineering.com/articles/adjusted-gross-income-and-modified-adjusted-gross-income.html

[5] Roth IRA and Traditional IRA contribution limits: http://www.bargaineering.com/articles/roth-and-traditional-ira-contribution-limits.html

Thank you for reading!