Making Roth Contributions in Peak Earnings Years

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The speakers explain the complexities of making tax-deferred or tax-free contributions to 401ks, discussing exceptions to the general rule, the impact of retiring early, and the benefits of state tax arbitrage. They also address overfunding a Roth IRA and discuss the drawbacks and potential benefits. Lastly, they introduce the White Coat Investor Champions Program for medical and dental students to promote financial literacy.

Today we talk about are if it is reasonable to use 457(b) money to help fund your child's college education, how to do a 401(k) rollover and then how to rebalance it, and we talk about if it makes sense to do Roth contributions in your peak earnings years if you plan to retire early and we answer a question about if it is ever a good idea to over fund a Roth IRA. These questions and more are answered on our episode this week.

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