Back Door Roth

October 29, 2016

Have you heard of a Back Door Roth IRA? This isn’t a new type of IRA. It’s actually a strategy for individuals who make too much money to directly contribute to a Roth IRA. Jim and Chris discuss how this strategy works, things to look out for and why they think the government will be closing this loophole soon. They also respond to listeners regarding a question on the Pro Rata Rule involving IRAs and a couple of questions on the proposed changes to Social Security.

Podcast: Play in new window | Download (Duration: 1:43:01 — 47.0MB)

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Ed Slott Advisor recognition requires an advisor to be well versed on the rules and regulations regarding IRAs. The advisor must attend two live training sessions and pass two written exams annually to remain in the program. Jim Saulnier & Associates, LLC (“RIA Firm”) is a registered investment adviser located in Fort Collins, CO. Jim Saulnier & Associates, LLC may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Current registered states: CA, CO, PA, TX, WA, IL Insurance products and services are offered and sold through James H. Saulnier, a Colorado licensed insurance producer, only in those states in which he is reciprocally licensed or qualifies for an exemption or exclusion from licensing requirements. Current reciprocal insurance licensing in these states: AZ, CA, CA, CN, FL, HI, IA, MA, MD, NY, PA, SC, TN, TX, VA, WA, WI, WY Click here for a more detailed disclosure.