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I apologise if this has been covered previously, but my search did not find any results that answered my specific question.

I recently left one job for another and as part of that, rolled my 401k into an IRA fund (approximately 50k total). My new salary will put me over 150k a year, although for this year, I should still be just under 100k.

I have been considering converting this to a Roth IRA, but what I wonder is: If I do that, when my annual salary eclipses 150k for the next year, does that mean I could no longer contribute to the rollover IRA?

If it does, does it make more sense to nest away that as a seperate roth ira and then start a new ira (I'm 28) from scratch? Or, would I be better off leaving that in it's current IRA mode and continue contributing to it?

Thanks for any advice you can offer,

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