Thanks for your answer. I have a followup question. It seems to me that I am covered by a retirement plan and therefore I can only contribute to a Roth IRA if I have income up to 125,000 (I'm marrying and filing jointly). As far as I can tell this seems to be a recent change regarding Roth IRA contributions. What year did the IRS introduce this rule that if you are covered by a retirement plan at work that your contribution limits get phased out a lower limit (125,000) as opposed to if you're not covered (198,000)? I'm asking specifically with regard to Roth IRAs. The documents I found on the IRS website (590a) only seem to refer to 2021 and 2022.
