Ryan Sterling
speaker
807 appearances
4 recordings
1 series
first heard Feb 2026
last heard 7 Sep
Ryan Sterling’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Sep 2026 with 1.
Appearances
We do.
A conversion to the Roth.
So you put after tax money into an IRA and you convert to a Roth.
This allows high earners to contribute to the Roth through a backdoor.
Because if you contribute directly to the Roth, you're not going to be allowed to, again, if you're above certain income thresholds.
This is a great way, again, for high earners to get money into a Roth and to have money.
Money be growing tax-free for you.
And ultimately, when that money comes out, you're not paying taxes on it.
Now, there are some rules that are really important, some tripwires in place.
So, number one, that contribution to the IRA has to be an after-tax contribution.
So you have to code it as such.
What you don't want to have happen is have after-tax money, money that you're taxed on, put into this account, and then you're paying taxes on the conversion.
The reason you're not paying taxes on the conversion is because it's after tax money.
So I can't stress that enough.
Number two is there's something called the ProRATA rule, which means if you already have money in a traditional IRA, you have to convert the entire amount, not just the recent contribution.
So for example, if you rolled over money from a 401k years ago and you have a $100,000 balance and you put the $7,500 in and just want to convert that $7,500, the IRS is gonna say,
Uh uh uh
The bulk of that is going to be taxable.
It's a really helpful tool, and we have a lot of clients utilizing it.
However, there are a couple of tripwires in place that you need to be aware of.
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