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An Effective Step Toward Tax Diversification

In our August 2018 on-demand webcast, OJM Group Director of Financial Planning Michael Lewellen, CFP, discusses the Backdoor Roth IRA Strategy and its recent confirmation by the IRS as an allowable transaction. Michael compares Roth IRAs to Traditional IRAs and reviews IRS limits rules affecting both types of retirement accounts. He also explains the importance of tax diversification when building wealth for retirement, and illustrates how the Backdoor Roth IRA Strategy can be an effective step toward this goal.

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