Roth IRAs. You know em and love em…. And if you don’t, where have you been?? Go watch my prior episode on Roth IRAs and why they’re one of my favorite ways to take advantage of tax-free growth for retirement.
They’re so good, the IRS set income limits on who can contribute to a Roth, preventing highly paid workers from benefiting. So, what’s one to do?! Enter the backdoor Roth strategy. It involves the conversion of funds in a traditional IRA into a Roth IRA, benefiting taxpayers who are ineligible to make direct contributions to a Roth. In this episode, I’ll share how the process works, and why it can be great for some investors, but not all.
Let’s get to it… __________________________________________________ Connect with us on the following! - LINKEDIN (Evans May Wealth): https://www.linkedin.com/company/evansmay - LINKEDIN (Grace Speckman): https://www.linkedin.com/in/grace-speckman - INSTAGRAM: https://www.instagram.com/evansmaywealth - FACEBOOK: https://www.facebook.com/evansmaywealth - EMAIL: info@evansmay.com __________________________________________________ Disclaimer: Grace Speckman is a Registered Representative of Sanctuary Securities Inc. and an Investment Advisor Representative of Sanctuary Advisors, LLC. Securities offered through Sanctuary Securities, Inc., Member FINRA, SIPC. Advisory services offered through Sanctuary Advisors, LLC., an SEC Registered Investment Advisor. Evans May Wealth is a DBA of Sanctuary Securities, Inc. and Sanctuary Advisors, LLC The subject matter in this communication is educational only and provided with the understanding that Sanctuary Wealth is not rendering legal, accounting, investment advice or tax advice. You should consult with appropriate counsel, financial professionals, or other advisors on all matters pertaining to legal, tax, investment or accounting obligations and requirements.
