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Can I perform a Backdoor Roth IRA every year?

Yes. You can perform a Backdoor Roth IRA each year, as long as you meet the requirements for making an IRA contribution.

The Backdoor Roth strategy is simply a combination of two steps:

• Making a non-deductible contribution to a Traditional IRA

• Converting those funds to a Roth IRA

Since IRA contribution limits reset each tax year, you can repeat this process annually