In 2012 FORBES highlighted a backdoor method for high-income folks to move money into Roth IRAs, where it can grow tax free for retirement. While couples with more than $190,000 in adjusted gross income can't contribute to Roth IRAs directly, they can put the maximum annual IRA contribution of $5,500 a person ($6,500 for those 50 or older) into an aftertax (meaning nondeductible) IRA, which has no income restrictions, and then immediately convert it into a Roth. (Conveniently, income limits on conversions ended in 2010.)
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