Backdoor Roth Strategy Still an Option
The new tax law didn't close the loophole that allows high-income investors to contribute to a Roth IRA, explains financial planning expert Michael Kitces.
Michael Kitces is a partner and the director of wealth management for Pinnacle Advisory Group, co-founder of the XY Planning Network, and publisher of the continuing education blog for financial planners, Nerd's Eye View. You can follow him on Twitter at @MichaelKitces.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Backdoor Roth IRAs are a hot topic. Joining me via Skype to discuss them is Michael Kitces. He is a financial planning expert.