Can't contribute directly to your Roth IRA? No problem! This video and article explains step-by-step how the Backdoor Roth IRA conversion strategy works . . . and when you would want to use this financial planning trick. Read our comprehensive article : CHAPTERS 0:22 : Is your income too high? 1:24 : What are your account options? 2:34 : The steps for a backdoor Roth IRA We are Financial Design Studio: Michelle, Steve, Rob, and Trevore… a team of financial advisors with a passion to help others design a path towards financial success–whatever that looks like for your life. Part of our job is to teach people about finances so that they can make educated choices with their money. If you want practical knowledge about how to work with the complex processes of taxes, insurance, planning, retirement, or investments, then subscribe! … because this channel is for you! READ HERE : WEBSITE : BLOG : FACEBOOK : Disclaimer : All written content on this site is for information purposes only. Opinions expressed herein are solely those of FDS, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to other parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation....(read more)
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