What Is the Backdoor Roth?

The backdoor Roth means you don't qualify to make a deductible traditional IRA contribution if you're high income. But you can still make a traditional IRA contribution. It's just non deductible. You can convert non deductible traditional contributions over to Roth. This is an important one because this is the easy one for a lot of people that are just like, guys, I don't have 60 grand to throw in every year, but I got six.