ROTH IRA, TRADITIONAL IRA, 403(B)
CAN A PERSON CONTRIBUTE TO A ROTH, TRADITIONAL & 403(b) IN THE SAME YEAR?
IF SO, WHAT ARE THE LIMITS?
THANK YOU
CAN A PERSON CONTRIBUTE TO A ROTH, TRADITIONAL & 403(b) IN THE SAME YEAR?
IF SO, WHAT ARE THE LIMITS?
THANK YOU
Permalink Submitted by Alan - IRA critic on Wed, 2018-04-18 18:46
The individual plan contribution dollar limits are the same as usual, however you are probably asking about teh income limits. The Roth modified AGI income limit phaseout range is 189k -199k for joint filers, and 120k-135k if single. The TIRA has no income limits for non deductible contributions, but the IRA deduction is phased out between 63k and 73k if single or 101k to 121k if filing jointly.