[[ Assuming I qualify today for a Roth IRA i.e. earing less than 100K AGI]]Well, the $100k AGI limitation is for a Roth IRA CONVERSION...not a CONTRIBUTION. They are completely different. Your AGI limitation for a contribution would be $150k for a married/joint tax return.[[ What happens if I exceed the AGI limit - let's say in 10 years, after years of contribution but well before retirement?]]Absolutely nothing will happen...other than the fact that you'll not be able to make a contribution for that year. What has happened in the past is meaningless. Your Roth IRA will still remain.[[ Will I be able to convert?]]Not in the year that you exceed the AGI limitation, no.[[ Would that make sense? ]]I'm not really sure. But what I AM sure of is that you need to read my post on the Roth IRA in the Taxes FAQ area.TMF TaxesRoyWant to learn more about taxes and investing? Then we have a deal for you!! The Motley Fool Investment Tax Guide is now available through Fool Mart. Be the first one on your block to own this masterpiece. It'll help you with your 1998 taxes, and it's never to early to start planning for your 1999 taxes. So just click on this link (http://www.foolmart.com/market/product.asp?pfid=MF+013+I) to read more about this amazing collection of tax information. (Apologies for the shameless plug…but it is a pretty good book…if I do say so myself). In addition, if you would like to visit the Taxes FAQ (Frequently Asked Questions) area, click on http://www.fool.com/school/taxes/taxes.htm and you'll be right at the home page. Pay special attention to the "archives" section. Check it out. Finally, if you need to get to the IRS web site, click on http://www.irs.ustreas.gov to go directly there.
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