Is there a limit to how much I can contribute in the program?

Yes, contribution limits for IRAs are set by the federal government. For 2026, you can save up to $7,500 per year if you're younger than 50 and $8,500 per year if you're 50 or older, as long as you have earned at least that much. If you contribute to a Roth IRA, you must also meet certain income levels based on your modified adjusted gross income (MAGI). This contribution limit applies to all IRAs you may have (Employer, Saver traditional and Roth IRAs with the State and elsewhere).