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Reply to "$300K+ income households, how much are you saving per year?"
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[quote=Anonymous][quote=Anonymous]May I ask families who make 300-500 K how are you able to fund Roth IRA when you also funding 401 K ? I thought Roth IRA has income limit to contribute . But I see even people making 500 K saying they are contributing to Roth IRA ? How is it possible? Is there any get around to do it ? Even people whose gross income little over 205 k can’t contribute. I’m curious to know as I see that in lot of threads same kind of messages. [/quote] Google "backdoor roth."[/quote]
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