- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
additional roth ira contributions
my wages on box 1 of W2 is apx 130k after 10920 in 401k contributions. can i still do a roth ira?
February 8, 2021
12:55 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
It depends on your filing status and modified adjusted gross income (MAGI). Please see
2020 - Amount of Roth IRA Contributions You Can Make for 2020.
If you cannot make Roth contributions because of your income then you might want to consider a backdoor Roth IRA Please see How do I enter a backdoor Roth IRA conversion? and What Is a Backdoor Roth IRA? for additional information.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
February 8, 2021
1:20 PM
196 Views