Roth IRA Explained: The 2026 Rules, Straight From the IRS

In 2026 the Roth IRA limit is 7,500 dollars, up from 7,000, and if two rules are met, everything the account earns can come out tax-free later. The video covers who can open one, how much goes in, when withdrawals are tax-free and one benefit that sets the Roth apart.

Subscribe for more numbers straight from official sources: https://www.youtube.com/@WealthFilings?sub_confirmation=1

The Roth IRA, explained with the official 2026 rules: the $7,500 contribution limit ($8,600 at 50 or older), the compensation cap, the spousal IRA, the 2026 income phase-out ranges, no age limit, the contribution deadline, the order money comes out, the 5-year rule and qualified distributions, the $10,000 first-home exception, no required withdrawals for the owner, Roth vs traditional in the IRS's own table, the Saver's Credit, 529-to-Roth rollovers, and who contributes. Facts, not financial advice.

Watch next:
How to Protect Your Money From Inflation (Official Data): https://youtu.be/NCKjORQOTWU

Chapters
0:00 Intro
0:24 The Account
0:52 How Much
2:08 Who Can
2:58 When
3:18 Taking It Out
3:49 Tax-Free
4:57 No Deadline
5:20 Roth or Traditional
5:48 Extra Help
7:00 Who Saves
7:38 Your Roth Ira In 3 Steps

Sources
- IRS, IR-2025-111, 401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500 (Nov. 13, 2025): https://www.irs.gov/newsroom/401k-limit-increases-to-24500-for-2026-ira-limit-increases-to-7500
- IRS, Retirement topics: IRA contribution limits: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-limits
- IRS, Roth IRAs: https://www.irs.gov/retirement-plans/roth-iras
- IRS, Publication 590-A (2025): https://www.irs.gov/pub/irs-pdf/p590a.pdf
- IRS, Publication 590-B (2025): https://www.irs.gov/pub/irs-pdf/p590b.pdf
- IRS, Retirement Savings Contributions Credit (Saver's Credit): https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-savings-contributions-credit-savers-credit
- IRS, Form 8880 (2025): https://www.irs.gov/pub/irs-pdf/f8880.pdf
- IRS, Statistics of Income, Table 6, tax year 2023: https://www.irs.gov/pub/irs-soi/23in06ira.xlsx
- Federal Reserve, Changes in U.S. Family Finances from 2022 to 2025: https://www.federalreserve.gov/publications/files/scf26.pdf

Research and fact-checking: Wealth Filings. Henry is a fictional, illustrated presenter. This video is for information only, not financial advice.