If your income is above the Roth IRA contribution limit, the backdoor Roth IRA is a legitimate strategy worth knowing about. Craig walks through how it works step by step: making a non-deductible Traditional IRA contribution, converting it immediately to Roth, and avoiding taxable gain in the process. He also explains the pro-rata rule and why having old pre-tax IRA money in the picture can be a problem and what to do about it.
Social Security survivor benefits determine how much income a surviving spouse receives after the other passes away. The problem is that the size of that benefit was locked in by a decision made years
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