ROTH IRA Contrib questions

[Guest erickbe]

I currently am able to contribute $2000 a year to my ROTH but may come close/over the limit this year. Thinking about the future. Can I keep my ROTH and just not contribute in years I am above the limit or do I need to convert it to a IRA?

Thank you,

Erick B.

[Michael Devault]

You may keep your Roth IRA as is. Contributions to a Roth IRA (and traditional IRAs) are not mandatory. Simply make contributions in those years when you are able.

Good luck!