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Understanding the Backdoor Roth IRA
Disruptive Money Management
English - August 13, 2020 16:00 - 14 minutes - 10.3 MBInvesting Business Education Self-Improvement investing financial planning insurance financial financial wellness retirement stocks mutual funds money Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 5 Costly Roth IRA Mistakes
Next Episode: I'm Ready To Invest But Where Do I Start?
In this episode, Henry goes over the key components for indirectly contributing to a Roth IRA. For individuals who are over the income eligibility threshold of directly contributing to the Roth IRA, there is a solution! The Backdoor Roth IRA method allows individuals to still contribute to a tax-free investment account. This process is not without hoops to jump through but the steps are easy to understand and completely do-able.
For those with additional questions, please feel free to reach out to Henry at www.disruptivemoneymanagement.com. Henry would also love to hear your feedback and on additional episode topics so if you have something that's been weighing on your mind regarding your path to financial independence, drop him a line!