#421 "Tax and Legal Planning: Debunking FAQs and Misconceptions"
Main Street Business
00:00
How to Contribute to a Roth IRA if You Make Over $152,000 Salary Threshold
Ali asked about Roth IRAs. If one makes over $152,000 salary threshold, how can he contribute yearly to his Roth IRA? Great question, Ali. You're not going to contribute directly to a Roth IRA. You're going to do a backdoor Roth IRA which at the end of the day is the same thing. So don't think you're out of the game here on the Roth IRA.You're still in the game. You just got to go through the backdoor to get in.
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