what happens when i'm in the phaseout range for a Roth ira
When AGI rises above $160,000, no Roth IRA contribution is allowable. Between the $150,000 and $160,000 phase-out range, only a partial Roth IRA contribution will be allowed.ut because of the Roth IRA phase-out rules (that we'll discuss below), splitting your allowable IRA contribution into a traditional IRA and a Roth IRA may be your only option if you want to make a full contribution for that year.