BiggerPockets Money Podcast cover image

341: Money with Katie’s Middle-Class Myths and The Great Roth vs. 401K Debate

BiggerPockets Money Podcast

CHAPTER

Maximize Your Roth IRA for as Long as You Can

Scott: I definitely recommend maxing out your Roth IRA for as long as you can Scott: You could put Mindy sixty one thousand dollars into your solo 401k as the employer and make no employee contributions. "I do want to call out Katie's point here that if you are a business owner and you have high very high income then the Roth argument goes out the window," he says. 'If you've got like three hundred thousand dollars of net business income you could go yo putting 20 percent in 61k as the Employer'  "When you have employees it actually gets even better because you can you can put even more'"

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner