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Roth 403b Contribution if MFS

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  • Roth 403b Contribution if MFS

    If my employer offers a 403b plan that allows Roth contributions, can I make Roth contributions if I file taxes as MFS? I know that MFS generally disqualifies you from Roth IRA contributions, but I can't find information on if MFS also disqualifies you from Roth 403b contributions.

    Thanks in advance!

  • #2
    Totally different rules than Roth IRA. Contribute away.

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    • #3
      And the only downside to 403b Roth vs Roth IRA is the 403b has limited fund options, correct?

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      • #4
        That will vary. Depends on your employer. But in general, yes.

        Can always roll it over to a Roth IRA though. Solves that problem pretty easily.

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        • #5
          Perfect, thank you!

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          • #6
            Originally posted by bovie View Post
            Can always roll it over to a Roth IRA though. Solves that problem pretty easily.
            The tax code and IRS regulations prohibit the in-service rollover of employee deferrals and associated earnings prior to age 59 1/2. Although, you can rollover after separation.

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            • #7
              I'm just starting residency, so I figure I can just rollover the 403b to a Roth IRA when/if I move on for fellowship. I assume that's what you mean by separation?

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              • #8
                yes

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