The benefits of using backdoor Roth IRA

by | Nov 12, 2022 | Backdoor Roth IRA

The benefits of using backdoor Roth IRA




Law firm owners have a lot to think about. From managing cases and clients to keeping up with the latest changes in the law, there’s a lot to stay on top of. But one thing that law firm owners may not give enough attention to is their retirement savings. It’s easy to let retirement plans slide when you’re busy running a business, but it’s important to make sure you’re putting away enough for your future. One benefit of implementing a back-door Roth is that you can grow your retirement savings more quickly and take advantage of the tax-free growth of a Roth IRA. If you’re a law firm owner, consider using the backdoor Roth IRA strategy to grow your retirement savings. You’ll be glad you did when you’re ready to retire.

At Prestige, we help 6&7-figure firm owners save $15,000 – $75,000 in taxes. We would love to offer you a complementary tax savings strategy call to discuss how much money we can help save you!

Give us a call at 833-672-2268
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