5min chapter

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WCI #286: Comparing Retirement Accounts

White Coat Investor Podcast

CHAPTER

The Backdoor Roth IRA Process Isn't Working.

If your conversion is getting pro rated, you don't want it to be pro rated. You got to do something with money you have in a traditional IRA before or at least by the end of the year of the year. The rule of thumb is that you do tax deferred contributions and don't do conversions during your peak earnings years.

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