I started a new job this year, and one of the benefits is access to a Roth 403(b) plan, which I promptly signed up for, contributing the maximum. Now that the market is tanking I was thinking of going ahead and making a lowball estimate of what I can put in my regular Roth IRA account for 2008. I only have limited US-earned income, so it isn't much, but might as well take advantage of the current "fire sale". I believe that I am allowed to invest in both (our combined incomes are less than any of the AGI/MAGI thresholds). Can anybody point me to information that would verify this is the case? I've tried googling but somehow the stuff I am turning up is not so straightforward in how it addresses this question.
Thanks!
lhamo
Thanks!
lhamo