logo
episode-header-image
Mar 2015
11m 52s

394 MG Creating a Backdoor Roth IRA

Quickanddirtytips.com
About this episode
If you make too much to be eligible to contribute to a Roth IRA, Money Girl explains how to create a backdoor Roth IRA - and whether this is a smart move for your situation and financial needs. Read the transcript: http://bit.ly/1CbobOB

Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
The wedding series: How to avoid money mistakes in marriage
1033. Host Laura Adams sits down with family law attorney Cari Rincker to unpack the crucial intersection of love, law, and your wallet. Cari reveals why every couple already has a prenuptial agreement (whether they signed one or not) and discusses legal differences between state ... Show More
25m 30s
Jul 3
Traditional vs. Roth 401(k) – Best strategy for side hustlers
1032. Do you have extra side hustle income that’s pushing you into a higher tax bracket? In this episode, Laura answers a listener’s question about whether new self-employment earnings mean it's time to switch from a Roth to a traditional 401(k) or IRA. You’ll learn how to use re ... Show More
17m 17s
Jul 1
The wedding series: business and budget behind the big day
1031. Are you curious about hiring a wedding or event planner? Amanda Savory from Amanda Savory Events (ASE), a premier agency in New York City, joins Laura to discuss tips for working with a planner, ways to cut costs, and how to have an unforgettable wedding day. Find Amanda Sa ... Show More
32m 51s
Recommended Episodes
Sep 2021
“I overcontributed to my Roth IRA. Help!” (Listener Intervention)
What happens if you contribute more to a Roth IRA than you’re allowed??? Asking for a friend. Today, Nicole spares a listener from fees galore. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information. 
18m 1s
Aug 2021
What Should Your Next Financial Move Be?
If you're maxing out your retirement accounts, what should you do next? And what's the best way to do a backdoor Roth IRA? We'll walk you through these questions and more in today's Q&A episode! Learn more about your ad choices. Visit megaphone.fm/adchoices 
18m 32s
Jun 2024
Time for Roth Conversions?
With a huge chunk of money in pre-tax accounts, is it time to start doing some mega Roth conversions?Have a money question? Email us hereSubscribe to Jill on Money LIVEYouTube: @jillonmoneyInstagram: @jillonmoneyTwitter: @jillonmoney"Jill on Money" theme music is by Joel Goodman, ... Show More
15m 8s
Apr 2023
Roth IRA Options
What are some of the things I should be considering as I think about doing backdoor Roth conversions?Have a money question? Email us, ask jill [at] jill on money dot com.Please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelg ... Show More
9m 14s
Jun 2023
Roth IRA vs Roth 401(k) - Which is Better?
What are the differences between a Roth IRA and a Roth 401(k), and how should you utilize them on your wealth-building journey? Jump start your journey with our FREE financial resources Reach your goals faster with our products Take the relationship to the next level: become a ... Show More
21m 42s
Jun 2024
Should I Roll My 401(k) Over to an IRA?
💵 Sign up for EveryDollar today - Create a free Budget! Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible!  Next Steps: 💰Need Help ... Show More
5m 28s
Jun 2021
Choose Your Fighter: 401k or Roth IRA
401k... IRA… alphabet soup… help? Nicole breaks down the difference between the darlings of the retirement world, and how to know which option is right for you. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy informa ... Show More
15m 38s
Jul 2022
How to ACTUALLY Become a Millionaire [5 Simple Steps]
You know you should be investing for retirement, but how do you make sure you're doing it the right way? In this Q&A episode, we'll break down a few simple steps to maximizing wealth that can help you grow your Army of Dollar Bills even more efficiently. Watch more exclusive con ... Show More
29m 20s
Oct 2024
Is It Wise To Move My Investments Into an HSA?
💵 Sign up for EveryDollar today - Create a free Budget! Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible!  Next Steps: 💰Need Help ... Show More
7m 10s
Dec 2023
"Is Retirement Even Possible?"
How do you get your friends or family members to start investing, especially if they have a negative perception of retirement planning? We'll walk you through that question and more in today's Q&A episode! Jump start your journey with our FREE financial resources Reach your g ... Show More
28m 37s