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Roth IRAs through the backdoor

Backdoor Roth IRAs - What is it and is it appropriate for you? Ask yourself, do you fall under the designated income limitations that prohibit you from contributing to a Roth IRA? Do you even know what those limitations are? To help answer some of those questions, watch the video. Sit down with a financial advisor to discuss the complex tax strategies. Reach out to us at 614-635-0102.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA A Backdoor Roth IRA is a smart investment tool for high-earning individuals who want to enjoy the benefits of a Roth IRA but cannot contribute directly to it. A Roth IRA is a tax-free retirement savings account that requires contributions after taxes, but the account's earnings and withdrawals are tax-free. However, there are income restrictions to who can contribute to a Roth IRA. For tax year 2021, the Roth IR