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Get your taxes done using TurboTax
A backdoor Roth IRA allows you to get around income limits by converting a Traditional IRA into a Roth IRA. Contributing directly to a Roth IRA is restricted if your income is beyond certain limits, but there are no income limits for conversions.
Doing a backdoor Roth conversion is a two step process.
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‎April 29, 2021
6:04 AM