Submitted by cambriancatalyst t3_z8oxxa in personalfinance
cambriancatalyst OP t1_iycngit wrote
Reply to comment by Werewolfdad in Income exceeded Roth IRA limit by cambriancatalyst
Got it. Unfortunately I do exceed that and thus cannot just disregard this issue as I initially hoped when reading that paragraph, lol.
Thanks very much!
Werewolfdad t1_iycnn9b wrote
Backdoor Roth is easy.
Contributing to a 401k also lowers you magi if you do that
cambriancatalyst OP t1_iyco9io wrote
Thanks! So I could technically just contribute enough to my remaining 401k deductions to lower my MAGI enough to avoid the 129k limit. Hmm, I may just do that.
Much appreciated!
Werewolfdad t1_iycp005 wrote
Yup
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