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It is your joint AGI. If you're between 150k and 160k you get a partial Roth contribution. Over 160k and its no Roth at all.
--Peter

 


So, if our joint income is below $150K this year but will exceed that amount next year, then it makes sense to do a ROTH for 2004 becuase I won't even be allowed to do that next year, right? I mean, assuming that the monies I put into a SEP will not lower our joint income to $150, right?

elizabeth
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