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Mastering Backdoor Roth IRAs and Investment Strategies
This chapter unpacks the intricacies of backdoor Roth IRAs, particularly for those approaching income limits for direct contributions. The speakers share insights on optimizing IRA contributions, the benefits of automation in investing, and the advantages of lump-sum investments over dollar-cost averaging. They also discuss transitioning funds from a traditional IRA to a Roth IRA and the importance of understanding current contribution limits in light of inflation.