Key Points
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Adults under 50 can contribute up to $7,500 to an IRA in 2026; adults 50 and older can save up to $8,600.
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High earners may have lower contribution limits for Roth IRAs.
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You can make 2026 IRA contributions up until the April tax filing deadline.
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You can still make 2026 IRA contributions until next April, so there’s plenty of time left if you’d like to put away some more cash for your future. Doing so could help you reach your retirement goals much faster, and if you’re saving in a traditional IRA, it could also help reduce your 2026 tax bill.
Here’s how to get started, whether you’ve already put some money in your IRA this year or you’re just beginning to save.
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Figure out what your annual contribution limit is
You can save up to $7,500 in an IRA in 2026 if you’re under 50, or $8,600 if you’ll be 50 or older by the end of the year. This limit applies to all of your IRA contributions, not to each account individually.
High earners may have lower contribution limits if they’re contributing to a Roth IRA. Double-check yours before you set aside any money here.
Subtract 2026 contributions to date from your contribution limit
Review your 2026 IRA contributions to date and subtract the total amount from your annual contribution limit, determined in the previous step. The result is the amount you’ll need to save to max out your account this year.
How you save that money is up to you. You could aim to set aside a certain amount per week, or put your year-end bonus in your IRA if you get one.
It’s also fine if you don’t manage to fully max out your IRA. Even if you manage to save a few hundred or a few thousand dollars, that money could still go a long way in the future, especially if it’s invested for decades.
Understand the trade-offs of prior-year contributions
You can make 2026 contributions until the tax filing deadline in April, so you can spread this year’s contributions out over several months if this is easier for you. But you should know that many IRA providers default to current-year contributions. You may need to contact your plan custodian to ensure your contribution is applied to the correct tax year.
Using January to April to make 2026 IRA contributions also means you’ll be getting a late start on your 2027 contributions. If you’d like, you can just start fresh next year and focus on maxing out your IRA in 2027. By spacing them out throughout the entire year, you reduce how much you have to set aside in any given month.
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