This isn’t a standard retirement account. It’s a complex method of developing a tax-free Roth IRA. This option is typically used by taxpayers with high incomes if their incomes are above the set limits for Roth ownership.
This isn’t a standard retirement account. It’s a complex method of developing a tax-free Roth IRA. This option is typically used by taxpayers with high incomes if their incomes are above the set limits for Roth ownership.