Is a Backdoor Roth IRA Right for You?

Backdoor Roth IRA – If your Modified Adjusted Gross Income for 2014 is greater than $191,000 and you are married filing jointly ($129,000 for single) you can no longer make a Roth IRA contribution.  Or can you?  If you have no other IRA’s, there’s are strategy that will work for you.  Make a non-deductible IRA contribution then immediately convert the non-deductible IRA to a Roth.  Beware of the tax pitfalls if you currently have a traditional IRA.  Consult with our office to see if this strategy will work for you.


“Confidence. Professionalism. Trust. Accuracy. Responsiveness. Attention to detail. These are the things I look for in an accounting firm, and Snyder & Company has more than excelled for the 20 plus years that I have used their services. I highly recommend them.”

- Roger Malatesta, Professional Recruiting Consultants, Inc

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