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re: Roth IRA Contributions

Posted on 11/13/13 at 8:27 pm to
Posted by MikeD
Baton Rouge
Member since Jan 2004
7321 posts
Posted on 11/13/13 at 8:27 pm to
Yeah that's correct. Filing single had me maxed out at 127k.

So reading a little more... it seems to me that I can max out 401k ($15,500 or whatever it is), contribute $5,500 to traditional IRA (not deductible) and the convert the traditional to Roth. Does this sound right?

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