Hi,
My income is increasing and I won’t qualify for a ROTH IRA. Is there a way around this?
I have heard that there is "Backdoor ROTH IRA" method to do that. But, I am not sure how to do it.
Currently, I have a Traditional IRA account to which I have transferred my previous 401K money.
Would you help me? Particularly, how to pay taxes during the process.
