164 \\ Roth IRA Loophole: How High Earners Can Legally Dodge Tax Limits
SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice

164 \\ Roth IRA Loophole: How High Earners Can Legally Dodge Tax Limits

2024-12-12
Did you know there’s a legal way to contribute to a Roth IRA even if your income is too high? In this episode, we’re uncovering the Backdoor Roth IRA strategy—a simple, two-step process that allows high earners to grow their retirement savings tax-free. We’ll break down who qualifies for a regular Roth IRA, how this strategy works, and the key things you need to know before using it. We’ll also talk about why taxes might go up in the future and how this strategy could save you big in retirement. Whether you’re a business owner or ju...
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