Hey Everyone, I've gotten great advice here over the years, so I figured why stop asking now?
Things have been going pretty well for my wife and I lately, and we are close to the income limits ($183,000 as I understand it) to contribute to an IRA. My question is is there a way to keep that income down to avoid going over that limit, aside from just not working. Say for instance, I was to increase my 403(b) contributions by enough to get us there, would that do it? I've tried to find this on the IRS website but wasn't able to.
II just noticed that my wife is currently making contributions to hers for next year and got concerned. Any help would be greatly appreciated!
Things have been going pretty well for my wife and I lately, and we are close to the income limits ($183,000 as I understand it) to contribute to an IRA. My question is is there a way to keep that income down to avoid going over that limit, aside from just not working. Say for instance, I was to increase my 403(b) contributions by enough to get us there, would that do it? I've tried to find this on the IRS website but wasn't able to.
II just noticed that my wife is currently making contributions to hers for next year and got concerned. Any help would be greatly appreciated!
