If you’re a high-earning restaurant professional, an owner, operator, executive chef, multi-unit leader or corporate executive, you’ve probably been told you “make too much” to contribute to a Roth IRA. But there’s a perfectly legal, IRS-approved workaround that many restaurant professionals overlook: the Backdoor Roth IRA. Used correctly, it can become one of the most powerful long-term wealth tools in your financial plan.

What documents do you need for RMD planning? A Celebration, FL CFP® explains the 5 essential documents for required minimum distributions.