Can you do a Backdoor Roth Every Year?


High income earners that wish to get funds into a Roth IRA must utilize the “backdoor.” But can you do it every year? Adam Bergman answers that burning question.

Learn more about the Backdoor Roth IRA: https://www.irafinancialgroup.com/learn-more/roth-ira/can-i-still-do-a-backdoor-roth-ira-in-2022/

Discover more videos by IRA Financial: https://www.youtube.com/user/IRAFinancialGroup/videos?view_as=subscriber

Subscribe to our channel: https://www.youtube.com/user/IRAFinancialGroup?sub_confirmation=1

About IRA Financial:

IRA Financial was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions.

IRA Financial is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Client and IRA Financial, its management, salespersons or IRA Financial’s in-house legal counsel. IRA Financial Group provides IRA retirement facilitation service and CANNOT provide Client with legal, investment, or financial advice. Prior to making any investment decisions, please consult with the appropriate legal, tax, and investment professionals for advice.

IRA Financial is not engaged in rendering legal, accounting or other professional services. If legal advice or other professional assistance is required, the services of a competent professional person should be sought. (From a Declaration of Principles jointly adopted by a Committee of the American Bar Association & a Committee of Publishers and Associations.). The scope of Professional Services does not include the costs of any custodian related services.

Learn More: https://www.irafinancialgroup.com/about-us/

#backdoorroth #rothira #retirement #taxes #taxplanning #ira #roth #backdoorrothira #adambergman #irafinancial #

Are You Aligned With the Truth?

Feeling financially secure can be sought after in a myriad of different ways, depending upon what you have learned and experienced throughout your life. Each one of us has our own criteria that we believe must be met in order to feel financially secure. The criteria is usually dependent upon a conditional reality, i.e., x dollars in the bank, job status, x number of high paying clients, debts paid off, etc.

Do Dividends Matter?

Pretty much all finance students are confronted early in their educational career with the question of whether or not dividend policy matters to the value of a stock. Specifically, a paper written by Professors Merton Miller and Franco Modigliani argues that it does not matter. Without boring anybody with the gory details, it’s worth exploring what that means for investors.

Starting Your Comprehensive Financial Plan

Your plan should address each of the following areas, preferably in this order, although you will alter it to match your needs. Go back to your goals and take the most important to you at present.

Assessing Yourself and Your Wealth

You can be just about anyone and create wealth. There are all kinds of wealthy people. There are doctors, lawyers, stock brokers, school teachers, and salesmen.

Get Paid to Drive Your Car

The idea is pretty straightforward. You drive your own car, on which an advertisement has been placed, and receive payment for doing so. In some cases, you may even be provided free car, instead of having to drive your own car.

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *