No. of Recommendations: 0
Just curious ...

Not that I would, but what's to keep taxpayers who have a household income of $150K-$160K to contribute the full amount (e.g., $3000 or $3500 in 2004 depending on age) to a Roth IRA?

The 1099 doesn't seem to include information of this type. Is there some other kind of communication between the IRS and brokerage houses regarding this issue?
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.