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164 \\ Roth IRA Loophole: How High Earners Can Legally Dodge Tax Limits
Manage episode 455135586 series 3399967
Konten disediakan oleh Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Did you know there’s a legal way to contribute to a Roth IRA even if your income is too high? In this episode, we’re uncovering the Backdoor Roth IRA strategy—a simple, two-step process that allows high earners to grow their retirement savings tax-free. We’ll break down who qualifies for a regular Roth IRA, how this strategy works, and the key things you need to know before using it.
We’ll also talk about why taxes might go up in the future and how this strategy could save you big in retirement. Whether you’re a business owner or just someone looking to make smarter financial decisions, this episode will give you the tools to start planning for a more secure financial future.
Tune in now to learn how to make the most of your retirement savings and protect your hard-earned money!
Next Steps:
💰Download: The Ultimate Guide to Reducing Taxes 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
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