My wife will be the first to tell you that I (at times) have the emotional intelligence of a traffic cone. But I’m working on it lol ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Anyway, yes, Roth IRAs are solid investment accounts for building tax free wealth for the future ⠀⠀⠀⠀⠀⠀⠀⠀⠀ But after your income (or modified adjusted gross income, to be more specific) goes over a certain threshold, you’re “phased out” (blocked) from being able to contribute (add) any new money to your Roth IRA, the “regular way”, at least ⠀⠀⠀⠀⠀⠀⠀⠀⠀ The “Backdoor Roth conversion” is a workaround that you can use a higher income earner to get around the income limits and still fund your Roth IRA to continue to build tax free wealth for the future ⠀⠀⠀⠀⠀⠀⠀⠀⠀ It involves you maxing out a Traditional IRA with after tax $ (AKA: making a nondeductible IRA contribution) and then moving that $ over to a Roth IRA using what’s called a Roth conversion ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Like Rick Sanchez would say, it’s “Roth IRA with extra steps” ⠀⠀⠀⠀⠀⠀⠀⠀⠀ You want to be care...