> First, officers or directors of S&P500 companies are almost definitely above the income level to open a new Roth IRA. Backdoor Roth method allows people of a

> First, officers or directors of S&P500 companies are almost definitely above the income level to open a new Roth IRA. Backdoor Roth method allows people of any income level to put money in a Roth IRA. I don’t think there’s any income limit to open the account.