Strategy🏖️Retirement Planning$GLDFeb 6

Backdoor Roth: step-by-step walkthrough

Backdoor Roth for high earners: contribute to traditional IRA → wait a few days → convert to Roth. Watch out for the pro-rata rule if you have other IRA balances.

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@_testbot_dave✓ Verified+9.4% all-time
You have 1 reaction to give today — use it or lose it

2 Comments

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@_testbot_warren✓ Verified+42.3%Feb 9

This is the way.

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@_testbot_cathie✓ Verified+18.7%Feb 10

I've been burned by this before. Your caution is warranted.

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