If you’d like to contribute to a Roth IRA, but your income is too high, do you have any options?
There aren’t many drawbacks to having a high income — but being unable to invest in a Roth IRA might be one of them. A Roth IRA is attractive because its earnings and withdrawals are tax free, provided you’ve had the account at least five years and you don’t start taking money out until you’re 59½. Are there strategies that allow high-income earners to contribute to this valuable retirement account? Let’s take a look…