I contribute to a Roth IRA currently. The amount I contribute is reduced based on my AGI. I have been able in the past to compute the max amount I'm allowed to contribute. However, I plan on getting married this year and I am trying to figure just how this will impact my/our contributions to the Roth IRA.

We have more or less figured our combined AGI will be about $153K. My AGI will be about $105 with my future wife's about $48K. I'm over 50 so I can use the catch-up contribution, but my wife is not.

Since the Roth is considered as 'Individual' do we use our own wages, etc. (e.g. any income/dividends/interest) received under our own SSN as the basis for computing AGI?

Leekva:

You have to use your combined income of $153K, which means you will have to reduce your maximum contribution ($4,000 + 500 catchup) and your wife's maximum contribution ($4,000) somewhat. You can access IRS Pub 590 from www.irs.gov to determine how much to reduce your contribution.

Of course, you can contribute the max amount, then withdraw the excess (once you determine what you are allowed to contribute) without penalty as long as the withdrawal is done prior to April 15, 2006.