Opened a Traditional IRA but hit phase-out income limit. What can I do?
Opened a Traditional IRA but hit phase-out income limit. What can I do? I opened a traditional IRA with $1k invested before realizing the phase-out income limit to be able to take a tax deduction for those with employer-sponsored 401k/403b plans. I’ve been contributing to my 403b and make above the phase-out income limit. What’s done is done, but are there options to roll it into other accounts without incurring a ...