Backdoor Tax Strategy Is Off The Chopping Block!

One of the retirement strategies commonly used by high-income earners has surprisingly survived the Democrats’ latest social and climate spending plan when it was going to be eliminated originally. Backdoor Roth strategies allow high-income earners to contribute more money into Roth IRAs which allows tax-free investment growth and future withdrawals that don’t require distributions after age 72. Want to know more about these tax strategies so you can save thousands of dollars in taxes? Please do not hesitate to call us at (832) 295-3353. You can also set up an appointment with us at https://xqcpa-bookme.acuityscheduling.com/schedule.php. Last but not least, please like and share our daily posts!

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https://www.cnbc.com/2021/11/01/tax-strategy-of-the-rich-backdoor-roth-survives-in-latest-democrat-plan.html