The IRS Says I Can’t Have a Roth IRA. Here’s How I Got One Anyway скачать в хорошем качестве

The IRS Says I Can’t Have a Roth IRA. Here’s How I Got One Anyway

If you make too much money to contribute to a Roth IRA, the backdoor Roth IRA is your best friend. In this video, I break down exactly how the backdoor Roth IRA works step by step - including the income limits for 2026, how to avoid the pro rata rule, and how to make sure your tax bill is $0. The backdoor Roth IRA is not an account, it's a two-step process that the IRS has officially blessed. Whether you're single making over $168K or married filing jointly clearing $252K, this is how you still get tax-free growth and tax-free withdrawals in retirement. Timestamps: 00:00 - What is the Backdoor Roth IRA? 01:41 - 2026 Income Limits (Do You Even Need This?) 02:38 - Step 1: Contribute to a Traditional IRA 04:36 - Step 2: Convert to a Roth IRA 05:45 - Why You Should Do This in January 06:04 - Spousal IRA (Double Your Contributions) 06:38 - The Five Year Rule 07:40 - The Pro Rata Rule (Don't Skip This) 10:11 - Form 8606 and Tax Filing 11:04 - Mega Backdoor Roth Teaser Follow me: 𝕏 https://x.com/theducksayshi Disclaimer: I'm not a financial advisor. This is not financial advice. Just sharing my personal strategy. Do your own research. #personalfinance #rothira #rothconversion