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re: 2013 IRS Inflation Adjustments re: IRA's & Gift taxes

Posted on 10/19/12 at 12:02 pm to
Posted by Waffle House
NYC
Member since Aug 2008
3957 posts
Posted on 10/19/12 at 12:02 pm to
If you open a Roth IRA and your income fluctuates above and below the contribution limit between years, are you just not eligible to contribute for the years that you make over the limit?
Posted by Dreamweaver
Member since Aug 2011
51 posts
Posted on 10/19/12 at 12:25 pm to
If you are over the income limits for the Roth IRA, there is a still a way you can contribute to a Roth. Just goggle "backdoor roth ira" for how to do it.

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