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Quick Fact Sheet – Roth IRA Contributions Copyright 2022 Ed Slott and Company, LLC

Year	Under age 50	Age 50+
2022	$6,000	$7,000

If your filing status is...	And your modified AGI is...	Then you can contribute...
married filing jointly or qualifying widow(er)	< $198,000	up to the limit
	> $198,000 but < $208,000	a reduced amount
	> $208,000	zero
married filing separately and you lived with your spouse at any time during the year	< $10,000	a reduced amount
	> $10,000	zero
single, head of household, or married filing separately and you did not live with your spouse at any time during the year	< $125,000	up to the limit
	> $125,000 but < $140,000	a reduced amount
	> $140,000	zero

Year	Under age 50	Age 50+
2021	$6,000	$7,000

Year	Eligibility
2021	Anyone Can

Here's what can be contributed to a SEP IRA:

Year	Maximum Contribution
2021	Up to 25% of compensation of up to $290,000, but no more than $58,000. Catch-up contributions do not apply.

At death, a surviving spouse's estate will owe estate taxes on the net value that exceeds the annual exemption:

Year	Exempt from Tax	Estate-Tax Rate
2021	$11,700,000 per person with portability	Top rate of 40%

Tax on assets transferred to non-spouse heirs at death:

Year	Exempt from Tax	GST Tax Rate
2021	$11,700,000 per person (no portability)	40%

This table is the life expectancy table to be used by all IRA owners to calculate lifetime distributions unless your beneficiary is your spouse who is more than 10 years younger than you. In that case, you would not use this table, you would use the actual joint life expectancy of you and your spouse based on the regular Joint Life Expectancy Table. The Uniform Lifetime Table is never used by IRA beneficiaries to compute required distributions on their inherited IRAs.

You may give the following amount to an individual, free of gift tax:

Year	Annual Exclusion
2021	$15,000