OK, so I am sifting through online resources as well, trying to educate myself in this, but I just want to make sure I understand everything. I found one chart that makes it look like at our estimated income level we will not be able to contribute anything to a Roth IRA. Is there an income level that eliminates altogether the ability to contribute to a 401k plan, or does it just phase-down as income goes up. And is the income that is considered the gross income? I'm so confused.
Also, can I contribute up to $16,500 into my 401k and my husband contribute up to $16,500 in his tsp? OR is it a combined limit of $16,500 for the household.
Is there anyone else dealing in similar numbers who would be willing to share what they do for retirement saving?
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