"IRA Contribution Limits. For 2015, 2016, and 2017, your total contributions to all of your traditional and Roth IRAs cannot be more than: $5,500 ($6,500 if you're age 50 or older), or. your taxable compensation for the year, if your compensation was less than this dollar limit."
The IRA contribution limit does not apply to:
For more detailed information on this topic, please click on the link below:
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-li...
