Self-Directed Investing: Rules, Investments, and FAQs

Self-Directed Investing: Rules, Investments, and FAQs Self-directed investing is a popular investment strategy that allows individuals to have full control over their investment decisions. Unlike traditional investing, where investors rely on financial advisors or fund managers to make investment choices on their behalf, self-directed investing gives individuals the freedom to …

Backdoor Roth IRA: Advantages and Tax Implications Explained

What is a Backdoor Roth IRA? A Backdoor Roth IRA is a strategy that allows high-income earners to contribute to a Roth IRA, even if their income exceeds the limits set by the IRS. It involves making a non-deductible contribution to a Traditional IRA and then converting it to a …