I currently have a Roth IRA that I have been making the max contributions to since college. I am getting married this year so next year I will be filing taxes jointly. I expect our combined income to be just around $205k which is above the income limit for married couples to contribute to a Roth IRA.
If we make pre-tax 401k contributions, is our MAGI adjusted accordingly?
If I can no longer contribute based on the income limit, what do I do with this account? Do I just leave it for 35+ years until I retire? There is only about $30k in there, so it doesn't seem like it will be worth much when I retire if I can no longer add to it.
Thanks in advance!
Submitted April 18, 2020 at 06:24PM by mofmmc https://ift.tt/3evYWzm
