Matt submitted a new resource:
Backdoor Roth IRA - How to fund a Roth IRA when you earn in excess of the income limits
Backdoor Roth IRA - How to fund a Roth IRA when you earn in excess of the income limits
Read more about this resource...One of the biggest frustrations to high earning people is how to build retirement assets when their income precludes them. Due to salary phases outs many tax incentives do not qualify for such earners, including the Traditional and the Roth IRAs. However, there is a way to create Roth IRA accounts using the Backdoor Roth method.
When describing such retirement accounts many people focus on the immediate tax events, but really the distinction is on the back end, when you distribute from them...