Originally Posted by
ColdUpHere
Can you pre-designate a portion or portions of your Profit Sharing check to go to your & your spouse's Roth IRA (non-Delta) before the tax man hits that check?
Ultimately, I'm trying to figure out if you can fully-fund two Roth IRAs ($11,000) for the calendar year via a tax-free input, and then if you'd be taxed on the remainder at the nominal rate.
Also, depending on your total AGI you might or not be eligible. For married filing jointly, I want to say you can put in a total of 11,000 for the 2 of you....if your total AGI does not exceed 185K.
But don't quote me on that. I recommend researching to confirm. Also. If you're over the 185K you can "backdoor" into a Roth IRA. Talk to a financial advisor.
Cue the backdoor jokes.