In this video, I’m sneaking you in the backdoor and we’re talking about how you can take advantage of the backdoor Roth IRA strategy if your income is over the threshold. I’m sharing how you can utilize the mega backdoor Roth to get even more money into your Roth for 2020!
Schedule your free 15-minute strategy call:
Thanks for watching!
Ashley Micciche, QPFC, CRPC
CEO, True North Retirement Advisors
————————————————————————————
Looking for daily quick retirement tips? Subscribe to my podcast:
One Minute Retirement Tip with Ashley | Subscribe on iTunes:
Music credit:
#RothIRA #MegaBackdoorRoth #BackdoorRoth
Disclosure: …(read more)
LEARN MORE ABOUT: IRA Accounts
CONVERT IRA TO GOLD: Gold IRA Account
CONVERT IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
I don’t understand your explanation of the pro rata rule. Say you have $100k in traditional Ira and sep iras. If you convert only a portion to Roth you are taxed on the full $100k? Or is it just the amount you convert?