2 ms·
Good advice. Worth noting that IRAs have income caps for contributions. https://www.rothira.com/roth-ira-limits https://www.rothira.com/roth-ira-limits
by intopieces 9y ago
Good advice. Worth noting that IRAs have income caps for contributions.
https://www.rothira.com/roth-ira-limits https://www.rothira.com/roth-ira-limits
- grjscott 9y agoIt's possible to get around that limitation with a backdoor Roth [0]. I've been doing this for my wife's account the last few years and it's fairly straightforward. [0]https://www.bogleheads.org/wiki/Backdoor_Roth_IRA https://www.bogleheads.org/wiki/Backdoor_Roth_IRA