Skip to main content
No. of Recommendations: 0
My fiance is thinking about starting a ROTH IRA. We are getting married next year. Here's my questions/problems-

Once we are married, our combined income will be over the limit. I thought of starting one this year, also, but my income is over the limit. What happens when she starts a ROTH this year but we cannot add to it next year because of the income limit? Will it just sit there or do we have to convert it to a regular IRA. If so, say in 2000 we fall below the income level, can she contribute then? She is planning on quitting her job after we are married and have a child so that she can be a mom. How will that affect her ROTH? Should we just avoid the ROTH altogether?

Is there anyplace that will offer these answers to me?

Thanks in advance!
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.