Are you married? Or Single but engaged?
You will not be able to contribute to a Roth IRA if you are also contributing to a workplace retirement plan in the same year, if Married Filing Separately.
You will have to use Backdoor Roth technique.
If you contribute(d) directly to Roth IRA since the year you got married, IRS levies 6% penalty annually.
You will not be able to contribute to a Roth IRA if you are also contributing to a workplace retirement plan in the same year, if Married Filing Separately.
You will have to use Backdoor Roth technique.
If you contribute(d) directly to Roth IRA since the year you got married, IRS levies 6% penalty annually.
Statistics: Posted by lakpr — Fri Jan 05, 2024 3:42 am — Replies 6 — Views 450