Hey all , I'm new here, but have been lurking for the past few days reading all the great threads.
I am 31, in the finance field and have been investing seriously since my 2nd year in undergrad. It looks like 2007 will be the last year I can invest in my Roth IRA because my AGI (after all pre-tax deductions, medical, dental, 401k, HSA, etc.) will exceed the $95,000 next year. I have read somewhere where there is graduated contributions in the range of $95,000-110,000. Can someone please elaborate. I may just fall into that category. Also are there any musings of this $95,000 limit being pushed up for 2009 or thereafter?
Thanks,
Nicole
I am 31, in the finance field and have been investing seriously since my 2nd year in undergrad. It looks like 2007 will be the last year I can invest in my Roth IRA because my AGI (after all pre-tax deductions, medical, dental, 401k, HSA, etc.) will exceed the $95,000 next year. I have read somewhere where there is graduated contributions in the range of $95,000-110,000. Can someone please elaborate. I may just fall into that category. Also are there any musings of this $95,000 limit being pushed up for 2009 or thereafter?
Thanks,
Nicole