How High Earners Get Around the Roth IRA Income Limit (Legally)
"I make too much money to have a Roth IRA." It's one of the most common things high earners believe - and it's completely wrong.
There's a completely legal strategy called the Backdoor Roth that lets you get money into a Roth no matter what you earn. But there's one rule that trips up almost everyone who tries it, and most people don't find out about it until they're already holding a tax bill.
In this episode, I break down the good, the bad, and the ugly of the Backdoor Roth - including the exact fix if you're already in this spot.
You’ll also learn:
- The real difference between a Backdoor…
The skinny
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