“Backdoor” Roth IRAs – What You Didn’t Know
June 30, 2021 | By Steven DiGregorio
Want to put money into a Roth IRA but earn too much? Use the “backdoor” Roth IRA strategy. Unlike traditional IRAs, Roth IRAs have an income threshold. The ability to make a direct contribution to a Roth IRA phases out for single filers with an adjusted gross income between $125,000 and $140,000, for 2021. […] READ MORE