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Backdoor Roth IRA Step by Step Instructions - Do you make too much money to qualify for Roth contributions? You can still take advantage of my favorite retirement account by taking advantage of a tax loophole called the backdoor Roth IRA.

In this video, I describe what a backdoor Roth IRA is, why you would want to do one and then I walk you through step-by-step on how to do implement a backdoor Roth IRA. I also describe the common pitfalls to look out for so you don't accidentally trigger a huge tax bill!

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To becoming great with money,
Rich McCormack, CFP®
www.schoolofpersonalfinance.com

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