Speaking of the Back Door Roth strategy. A few things you should be aware of:
1) If you have pre-tax money in Traditional IRAs, SEP IRAs or SIMPLE IRAs, you probably can’t do the back door Roth conversion tax free. You’ll get hit with a pro-rata tax rule. (1/5)

The IRS doesn’t allow cherry picking of after-tax money when there’s pre-tax money already in IRAs.
2) A $6k Traditional IRA contribution can be done as long as you have $6k of earned income. Doesn’t matter how high your income is as long as you’re not trying to deduct it (2/5)

3) If you’re age 50+, you can increase by $1,000 as an allowed “catch-up” contribution. $7k limit.
4) You should convert from Traditional to Roth before investing the funds because any gains are taxable at conversion and losses can’t be deducted. I convert same day (3/5)

5) Roth contributions are generally accessible at any age. Most people don’t know this. If you do a normal contribution to a Roth, you can take your principal back out at any time. Back door Roth conversions are different. Have to wait 5 years before you can touch principal (4/5)

6) As always, none of this is advice. You should discuss all of the above with your tax professional. If you’re your own tax pro, earn more than $139k as a single tax filer (206k married), and have no idea what I’m talking about...fire your tax professional expeditiously (fin)