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This perfectly legal strategy can be a powerful tax-planning tool. Rido / Shutterstock.com
Despite its questionable name, a backdoor Roth IRA is a completely legal way to minimize personal taxes. It’s mostly recommended for people with incomes too high to qualify for a Roth IRA. Many financial advisors use the backdoor Roth as a powerful tax-planning tool for clients who can benefit the most. There are 230 tax-planning experts right here within my network, and I’ll share some…
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