If you’re already maxing out all of your retirement accounts and you’d like to save even more money in a tax-advantaged way, this one’s for you. The Mega Backdoor Roth IRA allows you to contribute up to $36,000 per year to your Roth IRA, on top of your other retirement savings, without any income restrictions. Interested?Read more…
The Backdoor Roth IRA: How High Earners Can Get Tax-Free Money in Retirement
Posted November 10, 2015
If you’re a high earner, you may have heard that you can’t contribute to an IRA. And you’d be justified in feeling like that’s a pretty raw deal. After all, you work hard for your money and you want it to work hard for you. Lucky for you, there’s a way around the rules and it’s called the Backdoor Roth IRA.Read more…
