Hey everybody, O’Grady here. Who wouldn’t want their money to grow and when the time comes to reap all the growth, pay no taxes. That’s the beauty of the Roth IRA.
It’s so beautiful and attractive that the IRS puts some caps on how much you can contribute and how much you’re allowed to make to even be allowed to contribute. If you make too much money, you can’t make a direct contribution to a Roth. But there is a work around. We’ll dig into that just ahead.
You’re doing well, making good money, moving up in your career. You know all about the benefits of a Roth IRA, but you’re shut out from making contributions because you’re making too much money.