Contribution Limits

Each year, you can contribute a set amount to an IRA to invest for your retirement. Forget to contribute last year? If it’s early in the year, it may not be too late. The IRS gives you until April 15* to make contributions for the previous year. Example: You can make 2016 contributions until April 18, 2017.*

Annual contribution limits are listed below.** You can contribute an additional amount–called catch-up contributions–to your IRA each year if you are age 50 and older. Be sure to review eligibility requirements regarding income and age limits that apply to Traditional and Roth IRAs. 

Traditional IRA and Roth IRA Annual Contribution Limits

Age 2016 2017
Under age 50 $5,500 $5,500
Age 50 or older (catch-up contributions) $1,000 $1,000


Contribute to your IRA today

Log into your account to get started.

Invest Now


Don't have an IRA?

Learn how you can open an account today.

Get Started


*The IRA contribution deadline is April 15, or the next business day, if April 15 falls on a weekend or holiday

**If you are married, filing jointly and your spouse is not working, you may also make a spousal contribution into an IRA under your spouse's Social Security number. 

IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.