I have contributed to my Roth IRA for years, but a substantial raise coupled with getting married means I will not be eligible to contribute this year. What should I do about the money I've already put in this year? Can I just move it to a Traditional IRA without penalty? Have I already incurred a penalty by contributing this year?
I don't think I will be eligible for the Traditional IRA tax deduction, but I certainly don't want to pay a penalty!
Submitted August 01, 2017 at 11:49PM by 2kids2cats http://ift.tt/2uTQuoQ
