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What is a backdoor Roth IRA?

Saving for retirement is a big concern for many Americans, even those who are considered high-earners. But sometimes, if your income is considered too high, you might miss out on some great savings options. That's where something called a backdoor Roth IRA comes in. CBS News business analyst Jill Schlesinger has more.
May 6, 2024 (04:58)
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