#084: The Backdoor Into the Beautiful Roth IRA
The big benefit of the Roth IRA is that you fund it with after-tax money and it grows tax free, and then when you take it out, it is also tax free, if you meet the qualifications. The big problem with a Roth IRA is that there are income limits to be...
The big benefit of the Roth IRA is that you fund it with after-tax money and it grows tax free, and then when you take it out, it is also tax free, if you meet the qualifications.
The big problem with a Roth IRA is that there are income limits to be able to make contributions to a Roth IRA. There are a lot of people out there who can't contribute to a Roth IRA.
So, how do you contribute to a Roth IRA if you make too much money? You use a backdoor Roth IRA.
We have really good notes for you. To read more or to share the show with someone else, visit http://www.bigpictureretirement.net/084
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