17 Backdoor Roth IRA Mistakes to Avoid
I thought the Backdoor Roth IRA was so simple nobody would screw it up. Boy was I wrong. Here's how to get it right and make contributions a simple task.
I thought the Backdoor Roth IRA was so simple nobody would screw it up. Boy was I wrong. Here's how to get it right and make contributions a simple task.
Here's how a small, partner-run practice plan can implement the mega backdoor Roth 401(k) strategy to their ERISA 401(k) plan.
If you're behind on retirement savings use these strategies to quickly get caught up. Also talking about creating your own index fund, pro-rata rule and 457 plans, DINKS and lots more.
Discussing a few of the risky things people are doing to chase higher yields. Also talking about choosing between mega backdoor Roths and 457Bs, duration risk with TIPS, and lots more.
Paying attention to your taxes now AND your taxes later will give you the tax diversification and freedom you’ll want during retirement.
In this episode, we dive into everything to know about RMDs: how they are calculated, minimums, tax implications, tax mitigation strategies, and more.
If you haven't yet contributed to your backdoor Roth IRA, here's the help you need to get it done today. Also discussing adding asset classes to your investment plan, inherited money, and lots more.
We're talking the new stretch IRA, QBI Deduction and the Solo 401(k), rebuilding your practice during COVID, Backdoor Roths, and more!
Have you contributed directly to a Roth IRA only to realize your income was too high to be allowed? Fix the problem through the Back Door.
You just made partner but your practice decides to sell to private equity. What should you do? Also talking 100% stock portfolios, dividend investing, ABLE Accounts, and lots more.
Discussing the financial aspects of becoming a partner: K-1s, quarterly tax payments, writing off expenses, benefits, retirement accounts, and lots more!
Today's guest proves that a doctor can make a lot of financial mistakes and still turn things around to come out ahead. Here's how he got it done!
The Roth IRA is a great start for building your nest egg. There's no better vehicle for investing, tax reduction, asset protection, and estate planning.
Discussing the different types of retirement accounts, tax benefits of private real estate funds, what to do with your money in residency, adding small caps to your three-fund portfolio, and lots more!
What questions should you ask to determine the best state to invest in real estate? Also discussing mortgage forbearance, multiple 401(k) rules, PAYE vs. REPAYE, mega backdoor Roth contributions, and lots more.