Yes, there are several ways to build Roth assets, even with a high income.
It's true, there are income limitations that determine whether one can contributed directly to a Roth IRA. The current income limitations can be found in this Money Guy resource, Money Guy 2021 Tax Guide.
There are methods to build Roth assets, even if your income is too great and prevents you from doing a direct Roth contribution. These include:
- Backdoor Roth contribution
- Mega-backdoor Roth
- 401(k), 403(b) or 457(b) Roth employee contributions
- Conversion of a Traditional IRA to a Roth IRA.
Here are some links to Money Guy Show videos in which Brian and Bo talk about the backdoor Roth contribution, the mega-backdoor Roth contribution, and a conversion of a Traditional IRA to a Roth IRA.
How to Invest in Roth Assets After You Hit the Income Limit (Highlight - 4:44)
How to Do a Backdoor Roth Contribution (The Correct Way!) (Highlight - 7:59)
Everything You Need to Know About a Roth IRA and a Roth 401(k)! (Highlight - 18:06)
Mega Backdoor Roths: What They Are and How They Work (Highlight - 12:15)
Everything You Need to Know About Roth Conversions! (Highlight - 9:07)