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Spouse unexpectedly got a job in August of this year and put our income well above the limit to contribute to a Roth IRA. What do I do with money I put in the Roth IRA this year?
Spouse unexpectedly got a job in August of this year and put our income well above the limit to contribute to a Roth IRA. What do I do with money I put in the Roth IRA this year? Subject says it all. I realized yesterday that we are going to blow well past the income limit to contribute to a Roth IRA. It's a good problem to have, I know. Here is what I've done since I realized this:
Opened a Traditional IRA Stopped automatic contributions to the Roth IRA and switched it over to the Traditional.
With that being said, I ...
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