Backdoor Roth IRA Explained: How It Works & Why It’s a Game-Changer for High Earners 💰

Discover the benefits of the Backdoor Roth IRA, a strategic workaround for income limits that allows wealthy individuals to enjoy tax-free growth. Learn how it works and whether the loophole will stay open!

Backdoor Roth IRA Explained: How It Works & Why It’s a Game-Changer for High Earners 💰
Kiplinger
1.6K views • May 1, 2024
Backdoor Roth IRA Explained: How It Works & Why It’s a Game-Changer for High Earners 💰

About this video

A workaround for the Roth IRA income restrictions enables wealthier individuals to to earn tax-free income. But how long will that back door remain open?

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Views

1.6K

Duration

4:06

Published

May 1, 2024

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