Tips for Roth IRA Rollovers and Backdoor Accounts
The door to a Roth IRA gets slammed in your face if you make too much money. Well, sometimes, when you can't get in the front door, the backdoor is wide open!
Money Girl · Macmillan Holdings, LLC
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
While using a tax-free Roth IRA to save for retirement is a smart move, you can’t contribute if your income is too high. Laura answers a listener question about how to have one using a backdoor strategy, and rules for doing a Roth IRA rollover.
Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.
Have a money question? Send an email to [email protected] or leave a voicemail at 302-365-0308.
Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.
Money Girl is a part of Quick and Dirty Tips.
Links:
https://www.quickanddirtytips.com/
https://www.quickanddirtytips.com/money-girl-newsletter
https://www.facebook.com/MoneyGirlQDT
https://twitter.com/LauraAdams
https://lauradadams.com/
Hosted on Acast. See acast.com/privacy for more information.