cft
Level 2

Get your taxes done using TurboTax

Hi Amy,

 

Thank you for the information, but I don't understand. My Social Security Wages and Medicare wages are $8429.00. Isn't that my earned income for the year? Are you saying that because I put the bulk of my earnings in my company's 401K that I am now not eligible to make the $6000 contribution to a ROTH 401K? Thank you in advance for the further explanation.