Yes, you can have as many Roth IRAs as you wish, but there are strict limits on how much you can contribute in total to these accounts during any given tax year.

No matter how many IRAs you have or what type (Traditional, Roth, or SEP), you can contribute no more than $7,500 per year for tax year 2026 ($8,600 if you're age 50 or over).

The combined total of your contributions to all of your IRAs cannot exceed these limits for the year.

Roth IRA Income Limits in 2026

Your ability to contribute to a Roth IRA also depends on your Modified Adjusted Gross Income (MAGI):

Income Eligibility Thresholds

In 2026:

Single filers or head of household:

• Full contribution if MAGI is less than $153,000
• Partial contribution if MAGI is $153,000 to $168,000
• No Roth IRA contribution if MAGI is $168,000 or more

Married filing jointly:

• Full contribution if MAGI is less than $242,000
• Partial contribution if MAGI is $242,000 to $252,000
• No Roth IRA contribution if MAGI is $252,000 or more

Married filing separately (lived with spouse):

• Partial contribution if MAGI is less than $10,000
• No contribution if MAGI is $10,000 or more

If your income is below the phase-out range, you can contribute up to the full limit. If your income is within the phase-out range, you can contribute a reduced amount. If your income is above the range, you cannot contribute directly to a Roth IRA for 2026.

Key Notes

• You must have earned income (such as wages or self-employment income) to contribute to a Roth IRA. You cannot contribute more than you earn in the year.
• If your income is too high to contribute directly, you might consider a "backdoor Roth IRA" strategy—this involves contributing to a Traditional IRA and then converting to a Roth IRA (subject to tax rules).
• The IRA contribution limits apply to all your IRAs combined—so if you put $4,000 into a Traditional IRA and $3,500 into a Roth IRA in 2026 (and you are under 50), you have reached the $7,500 limit.