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Hi friends! In this video, I share steps on how to complete a Backdoor Roth IRA on Charles Schwab since it's a bit different from my previous tutorial. This method allows you to contribute to your Roth IRA even if your income exceeds the MAGI limit. Previous Backdoor Roth IRA Tutorial: • How to Set Up a Backdoor Roth IRA on Charl... Helpful resources on Backdoor Roth IRA: 📖 Backdoor Roth - Is it right for you: https://www.schwab.com/learn/story/ba... My fav financial apps: ✨Monarch Money: https://bit.ly/3LQM1O9 ✨ProjectionLab: https://bit.ly/41rTxo0 ✨Wealthfront: https://bit.ly/3Bjkhwj ✨SoFi: https://bit.ly/3N4Yj5G ✨Charles Schwab: https://bit.ly/40q9tGo Free Net Worth Template: https://beacons.ai/amandayang Timestamps: 0:00 Welcome! 0:37 2026 MAGI Limits for Roth IRA 1:00 How it works 1:10 Charles Schwab Demo 3:36 Invest your contribution! 4:16 Alternative method to backdoor/Roth conversion Connect with me! 📧 askamandayang@gmail.com Sub count: 1214 ❤️ 👋🏻 About Me Hi, I’m Amanda! I’m in my late 20s, part of a DINK household, and my husband and I both work in tech. We’re on a journey to reach financial independence so we can have more freedom and flexibility without feeling tied to a traditional job. On this channel, I share real numbers, savings strategies, and investing insights. Whether you're just starting or already on your FI journey, let’s navigate this together! --- Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Thank you in advance if you do!