What Happens If You Hit the Roth IRA Income Cap?
by Lisa Rowan on Two Cents, shared by Lisa Rowan to L from Lifehacker on (#4GQRZ)
Roth IRAs are popular in part because they're designed for people who expect to earn more as they move toward retirement. Since you're taxed when you contribute, and not when you withdraw, the theory is that you're at a lower tax bracket now than you will be by the time you think about retiring.