Roth IRA Contribution Limits
Published in Rules
How much can you contribute each year to your Roth IRA? That depends on how much income you’ve earned that year, if you are below the annual contribution limit then your maximum contribution amount is your earned income. If your annual earned income is above the contribution limit, explained below, then the limit is specified by law to be $4000 in 2007 and $5000 in 2008.
Here are the contribution limits for 2007 and beyond:
| Year | Contribution Limit |
| 2006-2007 | $4,000 |
| 2008+ | $5,000 |
After 2008, the contribution limits will increase in $500 increments in line with inflation.
In addition to the base contribution limit, there is a catch-up contribution provision of $1,000 if you are 50 and over.