When you made a non-deductible contribution into your Traditional IRA and you did not convert the contribution into Roth IRA immediately, and the contribution generated a gain (profit), you have to pay tax on the gain.
Here’s the link of the previous Back-door Roth IRA video.
…(read more)
LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
0 Comments