The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  https://boards.fool.com/ltlt-i-read-the-rules-for-married-filing-12298211.aspx

Subject:  Re: Income limits and IRA Date:  3/29/2000  6:33 AM
Author:  TMFExRO Number:  20714 of 102349

<< I read the rules for Married filing jointly which stated the maximum AGI is $150,000 for before the phase out for contributions. My question is this only 'earned' income or 'all' income. >>

The only income excluded from the Modified AGI used to determine Roth contribution eligibility is the income from conversions of traditional IRAs to Roth.

TMF ExRO
Phil Marti
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us