{"id":2573,"date":"2020-01-16T20:14:24","date_gmt":"2020-01-16T20:14:24","guid":{"rendered":"https:\/\/hbkswealth.com\/?p=2573"},"modified":"2020-10-26T16:09:34","modified_gmt":"2020-10-26T16:09:34","slug":"back-door-roth-a-savings-strategy-for-higher-earners","status":"publish","type":"post","link":"https:\/\/hbkswealth.com\/2020\/01\/back-door-roth-a-savings-strategy-for-higher-earners\/","title":{"rendered":"Backdoor Roth IRA: A Savings Strategy for Higher Earners"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"

A Roth IRA is attractive to many people because you contribute after-tax dollars and the earnings grow tax-free\u2014when you withdraw funds in retirement you pay no income tax on your withdrawals. But the IRS is not so eager to lose too much tax money, so they have put restrictions on who can contribute to a Roth IRA. Unless, that is, you employ a strategy known as the Backdoor Roth.<\/p>\n","protected":false},"author":2,"featured_media":2575,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[85],"tags":[92,93,157,294,298,299],"acf":[],"yoast_head":"\nBackdoor Roth IRA: A Retirement Savings Strategy for High Earners<\/title>\n<meta name=\"description\" content=\"What is a backdoor Roth IRA and the benefits, how to set one up, and how to maximize retirement savings.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hbkswealth.com\/2020\/01\/back-door-roth-a-savings-strategy-for-higher-earners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Backdoor Roth IRA: A Retirement Savings 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