The Backdoor Roth IRA?

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The Backdoor Roth IRA?

Pull up a chair to the happy hour you wish your friends were having. Mix two money experts with some hot takes and a splash of nostalgia, and you get Rachel Cruze and George Kamel talking unfiltered about what’s going on in the world, pop culture, and how to afford a life you love.

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Why not just get rid of the income limit (or raise it substantially to cover the mega rich). It’s just such a small pocket of money to people making way more but the income limit is not that high for married couples

danielleraso
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Banks would not be happy if they got rid of the back door Roth. That’s the only thing I see that could hopefully prevent them from ever closing up the loophole.

muzikjay
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Great. Rich people taking advantage of subsidies

tsoliot