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Traditional IRA Married Filing Seperately
Hello,
Quick 2 Questions.
My wife and I are both employed and have employment that offers 401k's. We both max out but want to save more. Now as I understand, in the past, if you file married filing separately you are not able to contribute to Roth, which is ridiculous, but my Tax Advisor said I also cannot contribute to traditional IRA either.
So is it true I cannot contribute to Traditional IRA filing MFS, and convert to Roth.
Or could I do backdoor contribution.
‎January 6, 2021
3:14 PM