Confused by MAGI and retirement investing after 401k
Confused by MAGI and retirement investing after 401k I make 120k per year before overtime/bonus and my wife makes 135k per year. We both max out our employer sponsored 401k accounts every year, we have existing Roth IRA accounts but we stopped contributing to them a couple of years ago when our total income neared the IRS Roth IRA income limits. I don’t fully understand the MAGI calculation and I …