Backdoor Roth IRA Conversions Alive and Well
IRA expert Ed Slott explains the workaround for high-earners who are otherwise shut out of direct Roth IRA contributions.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Eight years after their arrival, backdoor Roth IRAs are alive and well. Joining me to discuss the maneuver is IRA expert Ed Slott. He is author of the newly revised "Retirement Decisions Guide."
Ed, thank you so much for being here.