I make too much money to contribute to a Roth IRA. Is there something I can do to be eligible to contribute? Roth IRAs have a maximum income limit where you become ineligible to contribute. Brian Leitner sits down with Andreas Scott, managing director & senior wealth advisor at Mariner Wealth Advisors, to discuss strategies to contribute to a 401(k) even if you are over the max household income limit. Brian and Andreas highlight potential concerns with backdoor Roth IRAs, as well as when is the best time to start the process of contributing based on the calendar year. 0:00 Intro 0:20 Strategies to Become Eligible 1:02 Backdoor Roth IRA Process 1:50 Potential Concerns 2:48 Legislation 3:32 More Information 4:25 Outro #RothIRA #RothIRAcontributions #retirement For more information, please visit us online at Subscribe and listen to our podcast, Your Life Simplified Apple Podcasts - Spotify - CONNECT WITH US ON SOCIAL LinkedIn - Facebook - Twitter - Instag
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 :)