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What is A 'Back Door IRA' ? & How It Can Save You Money

The Back Door IRA is more of a strategy rather than an actual account but these nitty gritty details can save you a major headache when you actually get to retirement. Katie lays out all the details of moving money between Traditional IRAs and Roth IRAs to save you money and a headache. Welcome back to #RichGirlRoundup, Money with Katie's new weekly segment answering all your burning money questions. New episodes every Friday. Each month, Katie will put out a call for questions on her Instagram (@moneywithkatie) and select a few to answer. Listen to Money with Katie here: Read Money with Katie: Follow Money with Katie! Instagram - Twitter - TikTok - Subscribe to Morning Brew Sign up for free today: Follow The Brew! Instagram - Twitter - TikTok - #moneywithkatie #rothira #retirement #personalfinance #retirementplanning What is A 'Back Door IRA' ? & How It Can Save You Money... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT I...