Not everyone is eligible to make tax-deductible contributions to a traditional IRA. For example, for 2026, deduction eligibility for single taxpayers who also contribute to a workplace retirement plan, such as a 401(k) plan, will phase out with income between $81,000 and $91,000. For joint filers, the phaseout range for a spouse who contributes to a work-based plan will be $129,000 to $149,000. For a spouse who doesn’t contribute to a work-based plan, the phaseout range will be $242,000 to $252,000. For 2026, Roth IRA contribution eligibility will phase out as follows: $153,000 to $168,000 for single filers, $242,000 to $252,000 for joint filers, and $0 to $10,000 for married separate filers.
