@moneywithsaprina: Replying to @Layla im actually just under the limit but backdoor roth strategy would still allow you to contribute

Saprina Danise
Saprina Danise
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Region: US
Thursday 27 June 2024 18:17:05 GMT
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tendm55
TND :
So what happens to your Roth you had before making that amount of money ?
2024-08-18 01:43:01
2
_bee444
_bee444 :
I can never understand the tax implications though because isn’t someone contributing to a traditional Roth IRA doing so with pretax & a Roth IRA is post tax.
2024-06-30 18:18:15
3
_930ca
_930ca :
If I’m contributing to a rollover IRA, do I need to open a new IRA to roll it over? Or can I move money out of my IRA to a backdoor Roth
2024-06-30 02:37:53
7
user76199942881757
SuzieQ :
I will never understand why they don’t get rid of the salary limit when you can still do it. 🙄
2024-06-27 20:36:23
6
adifferentlj
LJ :
Do you work with people 1:1?
2024-06-27 18:45:02
2
mdem51
Meg :
I’m married and we are combined over that limit. We were told we can still contribute but only a small amount. We could do the back door to still max out! Ty✨
2024-06-27 18:37:52
2
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