Do I Make Too Much Money to Contribute to a Roth IRA in 2022?
The Roth IRA (individual retirement account) often receives praise for its ability to grant you access to tax-free money during retirement. Although this offer is attractive, you must meet certain requirements before you can make a direct contribution to a Roth IRA. If you contribute to the account and aren't eligible to do so, you could face penalties.
We'll dive into the requirements you need to meet to make direct contributions to a Roth IRA. This is especially important for individuals with rising incomes. Your income could bump you over the thresholds and leave you with a different set of decisions to make.
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Source Fool.com
