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Reply to "I get stumped by the income limits on the investments - help"
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[quote=Anonymous]Taking some cues from different posts, I checked out the fidelity and vanguard websites. When I see something that I might be comfortable with, and try to click on "open account", they take me to a page that asks if I want to open roth/traditional etc. Don't those have income limits? We were making 200k+ for a few years but this year, it went down to 160k. There may be more if I can pull in more work but total won't cross 180k. But the year after that, we may go over 200k. We have 150k sitting in money market funds (on top of emergency funds) and anytime I try to figure out what to do, I get investment paralysis. My goal is to invest it for retirement. We have about 150k in 401k. Where do I start. Shed some light for me please? Thank you.[/quote]
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