How High-Income Earners Can Have a Roth IRA

09/12/2025 36 min Episodio 244
How High-Income Earners Can Have a Roth IRA

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Episode Synopsis

Many people with high incomes assume they make too much money to contribute to a Roth IRA. And they’re right – sort of. The IRS does put income limits on Roth contributions, but there are a few lesser-known workarounds that high earners can use to get money into a Roth anyway.  The potential tax-free growth inside a Roth IRA can be especially enticing to people who both earn a lot and save a lot, as they may find themselves in a fairly high tax bracket at retirement. Any opportunity they have to withdraw money on a tax-free basis can only help their situation.So what should high-income investors know about Roth strategies that might not be obvious at first glance? Find out from podcast host Johnny Dean and Rick "The Professor" Plum, CFP® on this week's episode of Managing Your Financial Future!