@fanfare This question is for my daughter. Thank you for remembering my questions.
How would you approach Roth IRA contributions if your AGI falls in the middle of the phase-out range and fluctuates due to passive income?
Would it be better to:
1️⃣ Use the Backdoor Roth at the beginning of the year to avoid the risk of excess contributions?
2️⃣ Wait until year-end when AGI is more predictable to contribute directly if eligible?
Curious to hear what works best for others in a similar situation!
Thank you!
