If MAGI exceed the income limit for ROTH IRA contribution in 2019 and beyond years, does this effect the previous years ROTH IRA balance, contributions, or earnings?
For example, I have a ROTH IRA account since 2015. In 2019 and subsequent year, I can't make any contribution due to high MAGI. Can I still keep my 2015-2018 as is and let it grow? Or do I need to do any adjustment to 2015-2018 contribution or earning?
Also, any future years with MAGI falls within the income limit, I can contribute to ROTH IRA for that year again correct?
