http://www.turbotax.com/articles/Rot...hisBetter.html
as an aside i chuckled slightly at the "out of luck" bit
whoever typed that must be angsty at the 160k+ers because they only make 9.50 an hour typing stupid web pages
Married Filing Joint
If your filing status is Married Filing Joint, you may make a full Roth IRA contribution if your adjusted gross income is less than $150,000. If your adjusted gross income is less than $160,000 you may make a reduced contribution.
If your income is higher than $160,000, you?re out of luck ? you can?t make a Roth IRA contribution.
If your filing status is Married Filing Joint, you may make a full Roth IRA contribution if your adjusted gross income is less than $150,000. If your adjusted gross income is less than $160,000 you may make a reduced contribution.
If your income is higher than $160,000, you?re out of luck ? you can?t make a Roth IRA contribution.
whoever typed that must be angsty at the 160k+ers because they only make 9.50 an hour typing stupid web pages