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    r7webb's Avatar
    r7webb Posts: 2, Reputation: 1
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    #1

    Mar 7, 2008, 09:08 AM
    Bought a Roth IRA for 08 (single) will marry by end of this year
    Hi,

    I'm single and bought a Roth IRA the first of this year for 08. By the end of this year I will be married, what are my options concerning this particular Roth purchase?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    Mar 7, 2008, 10:06 AM
    One thing to consider is that when you file your 2008 taxes your income must meet the requirements for a Roth purchase. If you will be filing as Married Filing Jointly, your combined AGI must be less than $156K to be able to make a full Roth contribution. If with our husband's salary you exceed this limit, you will need to convert some (or all) of your Roth contribution to a traditional IRA contribution.
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