Is your income too high to contribute to a ROTH IRA? If so, you may consider a “back-door” ROTH contribution. By making a traditional non-deductible IRA contribution you may be able to roll this into a ROTH IRA and circumvent the AGI limitations of a ROTH IRA.
If you have questions, please contact Andrew Beauchamp at email@example.com or (770)287-7800. Stay tuned for more tax tips or follow them on our social media accounts every #TaxTipTuesday!