How to do a Back Door Roth Conversion -- Step by Step Using Vanguard

How to do a Back Door Roth Conversion -- Step by Step Using Vanguard

Many people are unaware that they can still have a Roth IRA even if they earn more than the IRS allows for a Roth IRA. The "back door" option allows singles or couples earning more than the IRS limit to contribute to an after tax traditional IRA followed by a conversion to a Roth IRA. In this video I will show you how to fund your traditional IRA and then convert it to a Roth IRA using a real life demonstration in the Vanguard brokerage. It is not as difficult as you might think! Want 2 FREE Stocks valued up to $1500 and Extended Hours Trading Access? Sign up for WEBULL and get YOUR stocks today! (Deposit of just $100 is required for free stocks) https://act.webull.com/invite/share.h... Dividend Investing Information- http://www.signup.suredividend.com/?r... DISCLAIMER -All of the content found in this video is for ENTERTAINMENT purposes only. We are NOT financial advisors and are not responsible for any losses in your personal investing experience.