ComputeResults
Annual rates of return can vary significantly and will depend upon your asset allocation and other variables. Generally, higher target returns carry greater risk.
| Married, filing jointly |
Head of Household |
Single filers |
Tax Rate |
| $0 - $23,850 |
$0 -
$17,000 |
$0 -
$11,925 |
10% |
| $23,851 - $96,950 |
$17,001 - $64,850 |
$11,926 - $48,475 |
12% |
| $96,951 - $206,700 |
$65,851 - $103,350 |
$48,476 - $103,350 |
22% |
| $206,701 - $394,600 |
$103,351 - $197,300 |
$103,351 - $197,300 |
24% |
| $394,601 - $501,050 |
$197,301 - $250,500 |
$197,301 - $250,525 |
32% |
| $501,051 - $751,600 |
$250,501 - $626,350 |
$250,526 - $626,350 |
35% |
| More than $751,600 |
More than $626,350 |
More than $626,350 |
37% |
Source: IRS, 2025 tax rate schedules.
If the IRA holder turns 73 this year, he or she can defer the first distribution until April 1 of the next year. If the holder is older, he or she would normally be required to take an RMD before December 31 of this year. RMDs are considered taxable income for the year in which they are taken.
For 2025, the maximum you can contribute to common qualified retirement plans is $23,500, or approximately $1,958 per month, if you are under age 50. If you are age 50 or older you can contribute up to $31,000 or approximately $2,583 per month to a 401(k). If you participate in a 403(b) or 457(b) plan, you may also qualify for special catch-up provisions that permit those over 50 to contribute additional amounts under certain conditions. Your employer may impose maximums that are less than that the law allows.
For 2025, the maximum you can contribute to common retirement savings plans is $23,500, or approximately $1,958 per month if you are under age 50. If you are age 50 or older you can contribute up to $31,000 or approximately $2,583 per month to common 401(k) plans. If you participate in a 403(b) or 457(b) plan, you may also qualify for special catch-up provisions that permit those over 50 to contribute additional amounts under certain conditions. Your employer may impose maximums that are less than that the law allows.
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