The figures below are the amounts that you can contribute in both 2015 and 2016 in total for a calendar year, across all your Roth and traditional IRA's:
If you are under age 50, $5,500; and
If you are age 50 or older, $6,500.
Note: You can never contribute more than you've earned for the year.
The time frame for making IRA contributions for any given year is the calendar year plus January 1 through April 15 period of the subsequent year.
Further information on Federal tax deferred plans, including income limits on Roth IRA contributions, can be found at
Normal age for non-penalized IRA withdrawals is 59 1/2, and the age for Required Minimum Distributions (RMD) is 70 1/2, Further information on RMD's can be found at