Thanks @DanaB27 ,
A couple of additional questions. According to the article you posted, If I convert my Roth into a Traditional IRA, I can avoid the overage I'm faced now. However, I read if I convert the traditional IRA back to a Roth I will have to pay taxes again? Is that correct? If so, that would suggest paying twice. Would it make more sense to switch my work's 401k to a Roth instead of its current IRA?
Thanks.
