A Roth IRA offers several tax advantages when you start withdrawing your retirement savings. It's why many people planning for retirement might benefit from a Roth conversion. This is the transfer of funds from a traditional IRA to a Roth IRA. But there are rules. For example, Roth IRAs have income limits. Fortunately, a backdoor Roth IRA is a type of conversion that allows people with high incomes to fund a Roth despite those IRS income limits. This video provides insight on how Roth conversions and backdoor Roth contributions work to help people determine if these strategies make sense for their retirement plan. Subscribe to @Under the Buttonwood Tree here: To learn more about financial planning and retirement, visit: Contact us about your portfolio or financial plan here: Facebook: Twitter: LinkedIn: #rothconversion #backdoorroth #rothira... ( read more )
LEARN MORE ABOUT: IRA Accounts
CONVERT IRA TO GOLD: Gold IRA Account
CONVERT IRA TO SILVE
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)