Income Limits DO NOT Apply to Roth 401k’s & Roth Conversions

<p><em>(don&rsquo;t forget to checkout&nbsp;</em><a href="https://www.instagram.com/reel/CyzHz9LOv4j/" rel="noopener ugc nofollow" target="_blank"><em>the video</em></a><em>&nbsp;too)</em></p> <p>Making too much money can cause problems&hellip;</p> <p>For example, if you make too much money you are no longer eligible to contribute to a&nbsp;<a href="https://medium.com/@matthewrharris/implementing-a-66-000-mega-backdoor-roth-ira-with-your-401k-2ec2e8e88296" rel="noopener">Roth IRA</a>.</p> <p>And most people know that Roth IRA&rsquo;s are one of the best ways to put yourself in a position for a&nbsp;tax-free retirement.</p> <p><strong>So what do you do</strong></p> <p>Well, contributing to a Roth IRA&nbsp;isn&rsquo;t the only way to build up tax-free savings&nbsp;for retirement.</p> <p>In fact, it&rsquo;s one of the slowest ways since you are confined by the annual contribution limits.</p> <p>The best way to get a large amount of money into a Roth IRA is with a&nbsp;Roth Conversion.</p> <p><a href="https://matthewrharris.medium.com/income-limits-do-not-apply-to-roth-401ks-roth-conversions-29a8f71da62e"><strong>Read More</strong></a></p> <p>&nbsp;</p> <p>&nbsp;</p>
Tags: Income Limits