Folks,
This would be the first time that wife and my MAGI exceeds the 183K, the Roth IRA contribution limit (getting tired of current position and in the process of exercising options).
Tax is filed jointly. Haven't contributed anything to 2012 Roth yet.
Question: Assuming my W2 is 180K, and wife is 20K. Can wife made 5K contribution to her Roth IRA account?
Thanks!
Roth IRA contribution limit 2012 question
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- Joined: Sun Nov 15, 2009 8:24 am
Re: Roth IRA contribution limit 2012 question
No. You will both need to make back door Roth contributions.