Investing

Roth, traditional, or both? | Vanguard

Eligibility

Any individual with earned income (or who has a spouse with earned income) can contribute to a traditional IRA. However, the amount you can contribute to a Roth IRA could be reduced—or even eliminated—based on your modified adjusted gross income (MAGI).

If you can’t make the maximum Roth IRA contribution because your MAGI is nearing the upper limit of the annual income range, you may still be able to make the maximum IRA contribution (either $6,000 or $7,000, depending on your age) by splitting your contribution between a Roth IRA and a traditional IRA.

Learn more about income limits

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