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401K versus Roth IRA
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07-19-2007, 07:19 AM
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madfoxjay
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Joined APC: Oct 2006
Posts: 20
The income limits for the roth IRA in 2007 are based on the modified AGI between 156K and 166K. There is a phase out period that starts at 156K.
FYI contributions to a 401(k) does lower your taxable income.
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