What is the maximum amount of money that one can have saved in an IRA? I'm not referring to contributions, but the total amount before withdrawing any money.

1 Answer 1


There is no maximum. The only stipulation other than contribution limits is that you must take withdrawals at age 70 1/2.

  • 1
    What happens if you don't start taking withdrawals at 70.5, and decide you'd start at 80?
    – monksy
    Commented Aug 11, 2011 at 18:54
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    The IRS penalizes you the only way they can, with more taxes: Failure to withdraw triggers an excess accumulation tax. This levy is 50 percent of the required distribution that you didn't take.
    – JohnFx
    Commented Aug 11, 2011 at 19:05
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    The Roth has no RMD. Original question was for Roth as well. Commented Aug 12, 2011 at 1:42
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    ROTH IRA's DO in fact have RMD's just not while the original owner is alive. A distinction that may not matter much to the person establishing the Roth IRA, but might matter to their spouse or heirs. see this IRS pub irs.gov/retirement/article/0,,id=96989,00.html Commented Aug 12, 2011 at 5:14
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    It appears that POTUS has been reading this thread and would like to cap deposits when the combined retirement accounts exceed $3M or so. Commented Apr 13, 2013 at 4:06

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