Roth IRA: Grow Your Money Tax Free

[@CGAZ66]

Good info thankx....For tax reasons do stock earnings outside a Roth count against it as income as far as a max income .

[@DrHectorVasquez]

If you file taxes as a single person, your Modified Adjusted Gross Income (MAGI) must be under $140,000 for the tax year 2021 and under $144,000 for the tax year 2022 to contribute to a Roth IRA, and if you're married and file jointly, your MAGI must be under $208,000 for the tax year 2021 and 214,000 for the tax year 2022.

[@CGAZ66]

@@DrHectorVasquez Thankyou. My tax limit for the Roth can go in either direction this year as I am near or above the limit since I sold stock outside the roth. I am guessing it is counted against the roth as part of my MAGI and I may have to re characterize it to a traditional IRA.