I want to contribute $5500 to my ROTH IRA and contribute to my SIMPLE IRA at work.
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As long as your elective deferrals to the SIMPLE IRA do not reduce the amount in box 1 of your W-2 to less then $5,500 and your modified AGI for the purpose of a Roth IRA contribution does not exceed the threshold for Roth IRA contribution eligibility, you can contribute $5,500 to a Roth IRA.
As long as your elective deferrals to the SIMPLE IRA do not reduce the amount in box 1 of your W-2 to less then $5,500 and your modified AGI for the purpose of a Roth IRA contribution does not exceed the threshold for Roth IRA contribution eligibility, you can contribute $5,500 to a Roth IRA.
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