My boyfriend and I are planning to get married in 2017. My income is a stable 70k, and while his varies, he is currently on track to make $136k this year. His income will continue to increase. When we do get married, our household income will most likely be over the Roth IRA limit.
I currently have a Roth IRA set up, and contribute $211.53 each bi-weekly paycheck to max it out each year.
My questions:
Since we are getting married in 2017, do I need to stop my Roth IRA contributions come January 1?
Can I keep making them, and then pause them after we are married?
Do I switch to a backdoor Roth IRA or open a traditional IRA?
Anything other considerations or issues I am overlooking?
Thanks!