How to Contribute to a Tax Free Roth IRA if You Make Too Much Money

by | Jan 16, 2023 | Backdoor Roth IRA | 2 comments




If you make too much money, you will not be able to contribute to a Roth IRA for tax free income during retirement. In this episode, Troy Sharpe, CFP® will show you how you can access the backdoor Roth IRA so that you can develop a retirement that will give you a retirement income and stretch your dollars so that they last you while you are alive.

#taxfree #notaxes #financialsuccess #retirementplanning

Troy Sharpe is the CEO of Oak Harvest Financial Group, a local family-owned financial services firm. Troy leads a team of experienced professionals, analysts, and support staff to help clients create customized financial strategies that align with their unique retirement goals.

Troy holds a Series 65 license as well as a Texas life insurance license. He also earned a finance degree from Florida State University and completed his Certified Financial Planning certification at the Susanne M. Glasscock School of Continuing Studies at Rice University. Additionally, Troy is a Registered Financial Consultant with the International Association of Registered Financial Consultants.

Do you have a retirement plan that goes beyond allocating funds to truly fit your needs? We can help you create a retirement life plan customized for your retirement vision and legacy. Call us at (877) 404-0177

You can hear Troy at 12 p.m. Sundays on KTRH 740AM when he hosts “The Retirement Income Show.”

If you have $500K or more and would like a partnership with a firm to help you manage your investments and financial plan as in these videos, click on this link to connect with our advisors: …(read more)

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2 Comments

  1. Rick Appel

    Would it be better to convert IRA to Roth and use your contribution to pay the taxes.

  2. anhthy tran

    Does Pro Rata applied to Rollover IRA?

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