RIP America

[Willie99]

Anyone can contribute to a Roth IRA via a backdoor contribution that most people making over 140K take advantage of if they are investors. Any financial planner has their clients doing this. I've seen lots of wealthy people's investments and the majority have large chunks in Roths

As long as you don't have traditional IRA's to fuck you up. So many people have rolled their 401-k's into IRA and that fucks up the Backdoor Roth

 

[Jstack34]

As long as you don't have traditional IRA's to fuck you up. So many people have rolled their 401-k's into IRA and that fucks up the Backdoor Roth

For sure - thats a major issue that you run into with people who have rolled over an old work 401K into a traditional IRA