Eligibility depends on your income and tax filing status. For example, in 2025, single filers with a modified adjusted gross income (MAGI) above $165,000 and married couples filing jointly above $246,000 are phased out of direct contributions.
However, even if your income is too high, you may still access a Roth IRA through a “backdoor” strategy, which involves contributing to a traditional IRA and then converting it to a Roth. This option has its own rules and tax implications, so it’s wise to plan carefully.
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