If you have a Roth IRA and have been contributing to it for a few years and then one year you get _lots_ of overtime and your wife starts to work and combined you make more than the maximum, are you then not allowed to contribute to it? Or is it that you cannot start a Roth if you exceed the maximum allowed salary.

I find this odd that you can own something but cannot contribute to it.

Thanks!

I see I placed this in the wrong forum. Sorry

dlochart

This may help you:

http://www.rothirarules.net/roth-ira-contribution-limits.htm