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Not true. >The backdoor Roth IRA conversion is a technique where investors who earn too much to contribute directly to a Roth IRA make after-tax contributions
by belltaco 5y ago
Not true.
>The backdoor Roth IRA conversion is a technique where investors who earn too much to contribute directly to a Roth IRA make after-tax contributions to a traditional IRA and then convert the contributed amount, and perhaps other money in the account, to a Roth IRA.
https://www.thinkadvisor.com/2021/09/22/what-to-do-if-congress-locks-the-back-door-on-roth-iras/ https://www.thinkadvisor.com/2021/09/22/what-to-do-if-congre...