Retirement
Backdoor Roth
Indirect Roth IRA contribution
A two-step strategy where high earners contribute to a non-deductible traditional IRA and then convert it to a Roth IRA, bypassing direct income limits on Roth contributions.
Related terms
Indirect Roth IRA contribution
A two-step strategy where high earners contribute to a non-deductible traditional IRA and then convert it to a Roth IRA, bypassing direct income limits on Roth contributions.