A STRATEGY FOR AVOIDING THE INCOME LIMIT FOR ROTH IRA CONTRIBUTIONS HAS SUPPOSEDLY BEEN ENDORSED BY AN IRS OFFICIAL
I’m not endorsing it, but an IRS official supposedly has. It’s a strategy for making Roth IRA contributions indirectly, by first contributing to a conventional IRA, then converting the conventional IRA to a Roth IRA, as a means of avoiding the income limit for contributions to Roth IRAs. The details are in a Forbes article posted last week.
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