Can I contribute to a ROTH IRA if my w2 income is 195,000?

[ChristinaS]

Are you Single? If so, NO.

If Married and Filing Jointly, you have a reduced capacity (i.e. your allowable contribution is phased out).

Either way, you are not a good candidate for a direct Roth contribution- you may want to consider making a nondeductible contribution to a Traditional IRA, then converting that contribution to a Roth.

If you have a large amount of money in a Traditional IRA already, and wish to get that money into a Roth, you should sit down with a tax-savvy investment advisor to plan the next step.

2016 Roth income limits:

https://www.irs.gov/retirement-plans/plan-participant-employee/amount-of-roth-ira-contributions-that...

2017 Roth Income Limits:

https://www.irs.gov/retirement-plans/amount-of-roth-ira-contributions-that-you-can-make-for-2017