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Author: BGPenhollo Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75890  
Subject: Re: Income Restriction on Roth... Date: 7/1/2000 10:39 AM
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The Hendry's posted...

"Does this mean that if (say in 10 years) our Income exceeds 160k that we can no contribute to our Roth IRA? (so it will just sit there for 25 more years until I retire)? I know it will be increasing (at a rate of about 10% per year since I'll be invested in stocks), but that still sucks that I can't contribute any more money to it after that."

Remember this is the govt setting the rules and in ten years I am willing to bet the limits and rules will be different.

Talk to your congressmen, it is an election year and tell them that you feel the AGI limit should be inflation indexed.

Don't worry about tomorrow, tomorrow will take care of itself.


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