Roth IRA
If a husband and wife are both contributing to their 401K plans on a before tax basis, are they still able to make a Roth IRA contribution if their MAGI is below $186,000 for 2017
If a husband and wife are both contributing to their 401K plans on a before tax basis, are they still able to make a Roth IRA contribution if their MAGI is below $186,000 for 2017
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Permalink Submitted by Alan - IRA critic on Wed, 2017-06-07 15:20
Yes, they can make Roth contributions. The pre tax 401k contributions also lowers MAGI which may help in coming under the 186k threshold.