Traditional IRA Deductions
This chart is only for those who are covered by a company retirement plan.
| Year | Married/Joint | Single or head of Household |
|---|---|---|
| 2023 | 116,000 – 136,000 | 73,000 – 83,000 |
| 2024 | 123,000 – 143,000 | 77,000 – 87,000 |
| 2025 | 126,600 – 146,000 | 79,000 – 89,000 |
If not covered by a company plan but the spouse is, the phase-out range for 2024 is $230,000 – $240,000 and for 2025 is $236,000 – $246,000. If filing married-separate, the phase-out range is $0 – $10,000.
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