I am fortunate to be in a situation where I will no longer be eligible for Roth IRA contributions after this year. I am changing jobs this summer, and expect to fall in the "phase out" income range this year when I add my expected 2025 gross incomes from job 1 (full $7k Roth IRA eligible) + job 2 (exceeds single filer income limit).
Using this calculator, I expect my 2025 Roth IRA contribution limit to be $2330. If anyone has any advice on navigating the "phase out" income estimation between 2 jobs, I would appreciate it.
I have already exceeded my 2025 contribution limit (only by $3) through my usual monthly automatic investments. I plan to stop automatic investing this month, but want a sanity check before I commit to this.
Lastly, what should I do in 2026 when I no longer qualify to contribute to my Roth IRA? (Megabackdoor Roth IRA? Taxable account? Something else?). Thanks for any insight from others who have navigated a similar situation!
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