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WCI #331: 401K and IRA Limits are Totally Separate

White Coat Investor Podcast

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Navigating Residency Finances

This chapter delves into financial management during residency, highlighting contributions to retirement accounts like Roth 403B and HSA. It emphasizes strategic wealth building, tax scenarios for younger attendings, and the importance of after-tax income considerations. The discussion also includes the complexities of rolling over funds from a Simple IRA to a 401k, addressing potential penalties and tax implications.

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