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Christopher R. Hibbard, ChFC®, CRPC®, CFS®

Vice President, Wealth Management

 

Teachers Investment Services

Located at Teachers Federal Credit Union

5439 Sunrise Highway

Holbrook, NY 11741

 

Phone:  631-698-7000 Ext. 6020

 

Email: christopher.hibbard@lpl.com

 

CRPC conferred by College for Financial Planning.

January/February 2026

Roth or Traditional: Considerations for High Earners

Traditional IRA and Roth IRA text on a book isolated on office desk.

The higher your income, the more complicated the options. Generally, deductible IRA and Roth IRA contributions aren't permitted if you have a 401(k)/403(b)/457 retirement savings plan at work.


Individuals with modified adjusted gross income (MAGI) $89,000 and over and married couples filing jointly with MAGI $146,000 and over (in 2025) can't make deductible contributions to a traditional IRA. Roth IRA contributions ignore workplace retirement plans, but singles and those married filing jointly become ineligible with MAGI of $165,000 and $246,000 (respectively for 2025) or more. But if your employer's plan lets you choose between a traditional or Roth employee retirement savings plan, these contributions aren't subject to any income limitations. So how do you choose? Here are some things to consider with your trusted professional.


  • Your current and future tax situation

  • Nonretirement investments

  • A Roth conversion if you're nearing retirement

  • Splitting retirement plan contributions between traditional and Roth accounts

  • Starting this year, high-income retirement plan savers over 50 years old must make any employee deferral catch-up contributions as a Roth contribution

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Christopher Hibbard is a financial advisor with, and securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Teachers Federal Credit Union (TFCU) and Teachers Investment Services are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using Teachers Investment Services, and may also be employees of TFCU. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of, TFCU or Teachers Investment Services. Securities and insurance offered through LPL or its affiliates are:

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