What is a Backdoor Roth IRA?

If you make too much money, you may not be able to contribute to a Roth IRA. But just because you can't contribute to a Roth IRA doesn't mean you can't still take advantage of it. In this video, we talk about what a backdoor Roth IRA is and how it may be an investment option for you.

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Disclaimer: Since we do not know your specific situation, none of this information can serve as tax, legal, financial, insurance, or financial advice, and may be outdated or inaccurate. The information comes from sources believed to be reliable but cannot be guaranteed. This content is prepared for educational purposes only. If you need advice, please contact a qualified CPA, attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with. Peak Retirement Planning, Inc. is an Ohio based registered investment adviser and able to offer advisory services in Ohio and in other states where registered or exempt from registration.