Your 401(k) Is a Ticking Time Bomb explains the Backdoor Roth Conversion as a powerful strategy for high-income earners who are otherwise ineligible to contribute directly to a Roth IRA due to income limits. This technique involves making a non-deductible contribution to a traditional IRA and then converting those funds to a Roth IRA. By doing so, individuals can leverage the benefits of tax-free growth and withdrawals that Roth IRAs offer. This approach helps maximize retirement savings and provides greater tax flexibility in retirement, making it an essential tool for strategic financial planning.

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