Karan Murugesu, CFP®, ChFC®, breaks down the Backdoor Roth IRA — how high earners can still build tax-free retirement savings even if they’re over the direct Roth limits. Learn the two-step process, the pro‑rata rule, Form 8606, and common pitfalls to avoid.
What You’ll Learn:
✅ Why Backdoor Roth exists (income limits + benefits)
✅ The two-step process, in plain English
✅ The pro‑rata rule and how to avoid surprise taxes
✅ Form 8606 and clean recordkeeping
✅ Whether the strategy fits your situation
Helpful Resources:
• IRS Publication 590-A (IRA Contributions) https://www.irs.gov/publications/p590a
• IRS Publication 590-B (IRA Distributions) https://www.irs.gov/publications/p590b
• IRS Form 8606 Instructions : https://www.irs.gov/pub/irs-dft/f8606--dft.pdf