Backdoor IRA Option for High Earners

Retirement & Investing, Videos
on March 18, 2014

High earners are often blocked from reaping the tax benefits of a traditional IRA account. Here, Karen Damato of the Wall Street Journal shares a two-step course of action that will allow you to sidestep the obstacle—by slipping into a Roth IRA through the backdoor.

Related Video: IRA Tax Shelters: Never Too Early to Learn

 

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