The ‘Backdoor Roth IRA Contribution’. Is it Right for You.
The “Backdoor Roth IRA Contribution” is a workaround that enables “high-income” savers to sidestep the income restrictions and reduce taxable income. So how does it work? Let me share the details with you.
I Inherited an IRA. What Should I Do Now?
There are specific rules that you need to follow depending on what IRA type you inherit and what type of beneficiary you are. Your distribution options will vary as well.