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Accounting & Business Advisors | Certified Public Accountants

Tax Tip #9, Back-door ROTH

Published Tuesday, November 12, 2019 8:30 am

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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 abeauchamp@rushtonandcompany.com or (770)287-7800. Stay tuned for more tax tips or follow them on our social media accounts every #TaxTipTuesday!

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