Roth IRA Contributions (2019 Update)
You may make a nondeductible Roth IRA contribution, regardless of your age, for a year in which you have taxable compensation for personal services and your modified adjusted gross income (MAGI) does not exceed the upper end of the phaseout range for your filing status. The maximum contribution to a Roth IRA, prior to any phaseout, is the same as the traditional IRA limit. For 2019 and 2020, the limit is $6,000 if you are under age 50, or $7,000 if you are age 50 or older at the end of the year, assuming taxable compensation is at least much; the 2019 phaseout rule for Roth IRA contributions is explained below.
The ROTH contribution is phased out if your 2019 modified adjusted gross income (MAGI) is: