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Early Retirement, Roth Conversion Tax: YMYW Best of 2021 - 362

Your Money, Your Wealth

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What's the Megga Back Door?

If you make over a hundred forty thousand dollars, if you're single, then you don't qualify for a ratira contribution. That's the maximum you can put into a ratiray as an ribution. If you make more than that, then that's where the back door stuff comes into play,. Because there is no income limitation to put money into a regular ira.

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