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re: Roth IRA Income Limitations
Posted on 3/1/10 at 3:02 pm to Luke4LSU
Posted on 3/1/10 at 3:02 pm to Luke4LSU
Correct. There is a limit. Once your income exceeds that limit, the Roth is still there, you jsut can't contribute anymore. The limit still aplies if you contribute to a traditional, you can't convert to a Roth. There are other options out there for you to consider, depending on what you are trying to accomplish.
Posted on 3/1/10 at 3:04 pm to kjheath1
quote:
The limit still aplies if you contribute to a traditional, you can't convert to a Roth.
Starting in 2010 there is the non-deductable back door.
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