The Roth IRA Move High Earners Shouldn't Overlook
There's a reason higher earners tend to reach the end of their careers with little to no money in a Roth IRA. Higher earners are often barred from funding Roth IRAs directly. And for those whose incomes are just below the limit, a traditional IRA might still seem more appealing due to the tax break on contributions.
If you're a higher earner who's getting close to retirement, you might assume that your opportunity to fund a Roth IRA has passed. But there's a move you may be able to make in the coming years that allows you to enjoy the benefits of having a Roth IRA in retirement.
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Source Fool.com
