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URL:
http://boards.fool.com/to-roll-a-regular-ira-into-a-roth-your-agi-cannot-10408657.aspx
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| Subject: Re: Roth & AGI | Date: 11/10/1998 11:51 PM | |
| Author: IndecisiveFool | Number: 6572 of 72254 | |
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To roll a regular IRA into a Roth, your AGI cannot exceed $100k. Thee $150k limit that you are quoting is for new contributions to a Roth IRA. You can contribute up to $2000 per year into a Roth IRA if your AGI is less than $150k. The $2000 limit gradually decreases between $150k and $160k. Above $160k, you will need to use a traditional non-deductable IRA. For more information, try www.fairmark.com ..IF |
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