Do you earn too much to make a Roth IRA contribution? Are you bogged down by the Roth IRA limit for your income?
The Roth IRA is a powerful retirement savings vehicle. Unfortunately, the IRS prohibits large number of individuals and married couples from making Roth IRA contributions because (in the eyes of the federal government at least) they earn too much income.
If this describes your situation, you have been barred from making Roth IRA contributions (and probably Roth IRA conversions as well) for more than a decade. And while the Roth IRA income limits are still in effect, the restriction on your ability to make a Roth IRA contribution is not.