28 min
Episode #90 - Mega ROTH IRA vs. the BACKDOOR Roth IRA The Modern Stock & Options Trading Show
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- Investing
Episode #90: Mega ROTH Ira vs. The Backdoor ROTH IRA
Russ discusses the differences between the Mega ROTH IRA and the Backdoor IRA. Overfunding your workplace retirement plan and funding your Traditional IRA conversion to a backdoor ROTH IRA. Why you would want to do this and the mechanisms how to do so. The income limitations for Contribution limits for the workplace retirement plan and the income limits on the ROTH IRA and how to get around them.
Don’t Forget to subscribe to the show!
Episode #90: Mega ROTH Ira vs. The Backdoor ROTH IRA
Russ discusses the differences between the Mega ROTH IRA and the Backdoor IRA. Overfunding your workplace retirement plan and funding your Traditional IRA conversion to a backdoor ROTH IRA. Why you would want to do this and the mechanisms how to do so. The income limitations for Contribution limits for the workplace retirement plan and the income limits on the ROTH IRA and how to get around them.
Don’t Forget to subscribe to the show!
28 min