Rock And Roll Heaven by The Righteous Brothers. This talks about numerous music stars who died too young. First verse: Jimi gave us rainbows is Jimi Hendrix. Janis took a piece of our hearts is Janis Joplin. Otis took us all to the dock of the bay is Otis Redding. Remember Jim that way is Jim Morrison.
The idea is that even if you earn too much to contribute to a Roth IRA directly, you can open a Traditional nondeductible IRA and convert it to a Roth; there is no income limit on Traditional nondeductible IRAs or conversions.
Investors may participate in a traditional IRA and a Roth IRA at the same time as well as in a 401(k) and a Roth IRA at the same time.However, Roth IRA contributions are only available to investors whose household modified adjusted gross income (AGI) is below the threshold established by the IRA for that tax year.nvestors may participate in a traditional IRA and a Roth IRA at the same time as well as in a 401(k) and a Roth IRA at the same time.