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I am starting my own business (I don't make much money) and also work part-time as a college professor. Through that job I probably make less than 5,000.00/year. I have just found out that since I am part of STRS (State Teachers Retirement System) I am able to open a 403b through them in addition to the matching contributions and the money the college takes out of my check for the regular STRS account every month.

My question is this....I have just started my Roth IRA and have so far contributed the maximum for 2000. (I started it with a small rollover from another teacher's retirement account to which I no longer belong.) How would opening up a 403b affect my taxes and my ability to contribute to my IRA? And....does the fact that I have had retirement money going into the regular STRS account (direct from my check and the college matching funds) affect the fact that I have contributed the max to my Roth this year?

Also, with my Roth...what happens tax-wise if, at sometime in the future, I begin to make more money than a person is suppose to have to be able to open a Roth?

Thanks in advance,
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