There are 6 easy steps to successfully contributing to the backdoor Roth IRA but lots of mistakes are still made in the process. Here's how to fix them.
Dave Ramsey says raiding retirement accounts to pay off debt is dumb because it's like borrowing at 34%. Well, yes and no.
Those who suggest doctors in their peak earnings years should make Roth 401(k) contributions, do Roth conversions, or worse, avoid tax-deferred accounts altogether are either ignorant or selling something.
Take advantage of the window of opportunity between accumulation and distribution in retirement. Use partial Roth conversions and keep more of your money.
Whether or not to use your 457 plan is a complicated question. TPP digs deep into governmental vs non-governmental 457s to help you make the best decision.