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What is a Backdoor Roth IRA? Thumbnail

What is a Backdoor Roth IRA?

Have you heard of a Backdoor Roth IRA? Roth IRAs offer tax-free growth and tax-free withdrawal in retirement, but there are income limits. Backdoor Roth IRAs help us work around that. It's completely legal and high earners use it to contribute to Roth IRAs indirectly. 

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About Angela

Angela Dorsey is the founder and financial advisor at Dorsey Wealth Management, a fee-only financial planning firm based in Torrance, California, helping women prepare for retirement. Angela earned a BS in computer science from Loyola Marymount University, an MBA from UCLA Anderson School of Management, and spent 20 years as a Senior Compensation Specialist in large corporations before becoming a CERTIFIED FINANCIAL PLANNERâ„¢ professional and a Registered Investment Advisor (RIA). That background gave her the tools to couple with her passion for empowering women to make the best financial decisions possible. Angela lives in Torrance, California, with her husband. She enjoys spending time at the beach or surrounded by nature.