October 08, 2020
Can I make a Backdoor Roth IRA contribution? There are income limits that will restrict you from making a regular Roth IRA contribution. But, there is a workaround called the Backdoor Roth Contribution. To do this strategy correctly and to avoid penalty, there are many factors and rules that need to be considered. Use this flowchart to guide you through different considerations to help make the process easier.
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