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WCI #234: Roth Q&A: 401ks, Conversions, and What if the Backdoor Goes Away?

White Coat Investor Podcast

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Do Roth Conversions When You're Out of Training?

As soon as you're out of residency, you'll owe taxes on that money. This is a common situation when people leave their residency or fellowship training. They've lots of uses for cash. And sometimes it's a little bit easier when the new employer won't let you contribute to the for one cay because he got so many other things to do with your cash.

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