15 Minutes of Finance
How backdoor Roth conversions can save you tens of thousands of dollars and provide you retirement freedom
30 Jan 2025
Send us a textThe Tax Plan walks you through various tax planning strategies to help you keep more of your hard earned money. Today, we talk a more advanced topic: backdoor Roth conversions to convert pre-tax money into a tax-free Roth account. Roth accounts avoid the RMD restrictions that affect retired taxpayers, and allow money to compound tax FREE forever. Learn how to utilize this powerful wealth building tool.
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