If I understand correctly, having a 401k available to me triggers an income limitation for contributing to a traditional IRA. $64,000 MAGI limit before phaseout.
Does this income limitation trigger simply just by having a 401k, or is it at all based on contributions? For instance, if I have access to a 401k, but I choose to contribute only to my IRA with a MAGI > the phaseout limit, does all of that become post-tax contributions?
Submitted January 31, 2019 at 09:34AM by gr00ve88 http://bit.ly/2CURP1w
