How to Use Backdoor Roth IRA in 2025 to Build Wealth Tax FREE [Wealth Lawyer Explains]

The Backdoor Roth IRA is one of the best strategies for building tax-free wealth, yet many people misunderstand it. In this video, I break down exactly how the Backdoor Roth IRA works in 2025, how you can contribute even with a high income, and the key rules you need to know. I'll also cover the pro-rata rule, Roth conversion mistakes, and how to maximize your contributions. Don't miss out on this opportunity to create a tax-free income stream for retirement! 0:00 Introduction – What is a Backdoor Roth IRA? 0:09 The Myth About High-Income Earners & Roth IRAs 0:25 How the Backdoor Roth IRA Works in 2025 0:58 The Loophole That Allows High Earners to Contribute 1:26 Three Key Steps to Executing a Backdoor Roth IRA 2:12 The Pro-Rata Rule – What You Need to Know 3:25 Avoiding Common Roth Conversion Mistakes 4:08 How to Maximize Contributions & Double Your Savings 5:06 Five-Year Rule – When Can You Access the Money? 6:14 Conclusion – Why This Strategy is a Game-Changer ---- Unlock the power of self-directed investing at the 12th SDIRA Summit: https://sdirasummit.com/ ---- Found this video helpful? Click the Like button & share with others. Subscribe to my channel and click the 🔔 icon for notifications when I post a new video. Don't forget to leave your questions in the comment section below! ---- Websites: https://directedira.com/appointment https://kkoslawyers.com https://mainstreetbusiness.com https://matsorensen.com ---- My Social Media: Instagram:   / matsorensen   Tik Tok:   / sorensenmat   Linked In:   / matsorensen   Facebook:   / mat.sorensen.1   ---- 🚀 Disclaimer: This podcast is for educational purposes only and does not constitute financial advice. Consult with a qualified professional before making any investment decisions.