Open the (back) door to a Roth IRA

If you’d like to contribute to a Roth IRA, but your income is too high, do you have any options?

A Roth IRA is an attractive retirement savings vehicle, because earnings and withdrawals are tax free, provided you’ve had your account at least five years and you don’t start taking money out until you’re 59½. Also, with a Roth IRA, you won’t be required to take withdrawals when you turn 72, which will give your account a chance to potentially keep growing.

So, if you’d like to take advantage of this investment, you might want to consider using what’s known as a “backdoor Roth IRA.”

Essentially, this strategy involves moving money from a new or existing traditional IRA to a Roth IRA. The process is straightforward, but you’ll need to consider potential tax implications.

Consult with your tax advisor to determine if a backdoor Roth makes sense for you — if so, it could be a valuable addition to your financial strategy.

‘Dude you know everything.’ But most of all he was great for kids. There was never a day when I saw him in a bad mood, always greeting students, always having conversations.”

On Facebook, former FHS student Brooklin LeBon said she talks highly about her highschool experience.

“One of those reasons was the staff,” she said. “Mr. Jackson always checked in, supported every sporting event and was one of the best assistant principals Frederick High School had. It was an honor to have such an incredible leader throughout my experience.”

“Doug was a great guy,” said FHS alumnus and softball coach Roger Dufour on Facebook. “He coached for me for three years .. so calm and collective.”

Another FHS alum and present golf coach, Chris DeSantis, knew Jackson for almost 20 years.

“I got to know to you as a teacher and all the way to being my administrator as a head coach, and we would talk how the area grew,” DeSantis posted on Facebook. “The community was always lucky to have you. You gave me the chance to see you as a teacher but outside of classes.”

Funeral arrangements are incomplete. The St. Vrain School District’s crisis response team was available for staff and students.

“The passing of someone we know is always difficult and will affect each of us differently,” said a note sent to Frederick High School parents. Some may recover quickly, yet others may take much longer to process their feelings.”

“Mr. Jackson had an impact on so many students throughout his career, and I hope that his legacy can continue throughout the halls of Frederick High School,” LeBon said.

“How sad,” said former student Nathan Cummins on Facebook. “Always had a huge smile on his face.”

“You were roughly the age I am now when we first met,” DeSantis said. “You taught me so much, and I thank you for always taking time out of your day to chat with me.”

“Doug even reached out to me when my brother passed in October,” Vargas said. “I had no clue he was sick. The conversation was checking on me. I’m going to miss him.”

Readers

BY LINDA SHAPLEY, PUBLISHER

If you’ve paid even just a little bit of attention to the news industry in the past decade, you know that it’s struggling. What you may not know is that community newspapers nationwide are closing at the rate of two per week.

e work of our journalists continues to be so critical for our society. We’re dedicated to keeping your city councils or school boards accountable and informing you about businesses and groups that make your community the great place where you have decided to live.

But the fact of the matter is, the materials that it takes to get a newspaper to your front door – the newsprint, the ink, the transportation fuel – have skyrocketed in cost.

So while it’s not in our nature to make essential news less a ordable, we’ve come to the point where we must raise our prices. Beginning March 1, the price of a subscription to any of our paid publications and for all-access digital will be $85 per