How does the backdoor Roth IRA work?
How does the backdoor Roth IRA work? How does the backdoor roth IRA work, I understand if you hit the income limits you can’t normally contribute to a Roth IRA and that you have to do the backdoor method. What is physically stopping me from just contributing to a regular roth IRA anyways? I know robinhood right now offers a Roth IRA, can’t I just contribute to that account even if...