Retirement Savers Love the Backdoor Roth IRA Strategy. It Might Not Last. - WSJ
The legislation also proposes eliminating Roth conversions of after-tax contributions to traditional individual retirement accounts starting Jan. 1, 2022.
Classic Washington: aim at billionaires, miss and hit every American household making more than $208,000.
So much for not increasing taxes on anyone making more than $400,000.