I’ll be making about 122k as a first year consultant this year and my wife about 80k in her profession. We are knocking right at the door of ROTH especially with my bonus. Anyone find ways to get around this? Could she file separately so she can then contribute her 6k only? Would this destroy us in terms of taxes? We have no kids/ dependents and will likely take standard deduction.

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Reduce your taxable income (if needed)
Seems like you could contribute $20k each to 401k, and maybe further $7k to HSA, and you’d be comfortably under

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This is super easy. Google back door Roth or call your brokerage and ask for help doing a back door Roth

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Make sure you max your Roth 401k and your after tax which you can roll into your Roth IRA

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Single filer taxes will take away any potential benefit of Roth. If it is this year, you seem like you are still within limit as married, not sure why you think you need to do anything.

Because once you get to income limits you get no deduction for the traditional Ira, making it fairly worthless. You would be better off with a taxable brokerage account at that point

For 2021 you could use the backdoor Roth. Don’t know if you will be able to next year and forward

Backdoor Roth of course

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