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Greetings, Kent, and welcome.

<<I was looking at the for info about the Roth IRA (uh, duh). Right before I had to leave I thought I saw mentioned that there is a sliding scale for how much you can contribute if your income is very high.

Can someone confirm this for me? Can you point me to the right spot at that I saw before but, of course, I can't find now?>>

I don't recall which article it's in, either. I can tell you for couples filing jointly that the phase out begins at an AGI or $150K and contributions drop to zero at an AGI of $160K ($95K to $110K for single filers). When your AGI reaches that upper limit, the only thing left is a nondeductible traditional IRA. How the IRS will implement the phased out contribution will probably be similar as that for the deductible traditional IRA today.


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