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EP 31 - 401(k) and ROTH Strategies

Directed IRA Podcast

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Do You Want to Do the Back Door Roth?

If you have traditional ira money already sitting there, you cannot convert that to as. You cannot do the back door roth until you what? You already haven't traditional money. No matter what your income level is, you can do a wroth contribution. We call it chunking. Your ging to chunk at that 50 without getting into the wrong tax bracket. And i'm going to take my traditional iray and roll it into my four o one k to get rid of it. I no longer have a traditional iray. I'm moved a direct roll over. It's all about boxes on the w two. That's a whole ofther world.

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