I have the exact same question as this: Do 401K contributions reduce MAGI as it pertains to Roth IRA income limits?
Except, instead of 401k, a 529.
Essentially, can I use a 529 to reduce my MAGI for the ROTH?
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Sign up to join this communityI have the exact same question as this: Do 401K contributions reduce MAGI as it pertains to Roth IRA income limits?
Except, instead of 401k, a 529.
Essentially, can I use a 529 to reduce my MAGI for the ROTH?
can I use a 529 to reduce my MAGI for the ROTH?
No. 529 contributions are not deductible at the federal level, so they would be included in your MAGI.