EPISODE · Aug 8, 2023 · 22 MIN
The Backdoor Roth IRA Made Simple, With Andy Hagans
from WealthChannel Academy · host WealthChannel
The Roth IRA is an incredibly tax efficient investment account, but most high earners are not allowed to make contributions directly. Fortunately, there’s a “back door” into the Roth IRA that can enable many High Net Worth investors to shift assets every year into this tax sheltered account. Andy Hagans joins Michael to discuss who should be doing a Backdoor Roth, the step-by-step process for executing this tax strategy, and tips for avoiding some of the more common mistakes.
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This episode is 22 minutes long.
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This episode was published on August 8, 2023.
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