Are there restrictions to open a Roth IRA?
You can open a Roth IRA if your modified adjusted gross income is less than $150,000 for married joint filers and $95,000 for single filers. For married joint filers, if your modified adjusted gross income is between $150,000 and $160,000, you can still take advantage of opening a Roth IRA, however, your contribution limits will be impacted. Single filers with a modified adjusted gross income between $95,000 and $110,000 will also have limits to the amount of contributions you can make.
