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How and When to Use a Backdoor Roth IRA

Are you a high-income earner? Can't fund a traditional Roth IRA? Ulta Beauty's Anna Manukyan explains a strategy you can use to still help your retirement fund grow tax-free.

by Staff
April 12, 2023
How and When to Use a Backdoor Roth IRA

 

1 min to read


When it comes to advice on preparing for retirement, we all need a little help sometimes. That's where Anna Manukyan, Ulta Beauty's Senior Director of Education and Creative, comes in. As a certified financial educator, Manukyan has a passion for helping stylists with whatever financial questions they may be pondering in the form of her short #FinanceFriday videos.

The question of the week: What is a backdoor Roth IRA and who should have one? If you're a high-income earning salon pro, pay attention to this one! See the video below:

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