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WCI #417: Get Rich Fast as a Millionaire with Roth Conversions

White Coat Investor Podcast

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Navigating Tax Deductions and Retirement Strategy

This chapter discusses the Pass-Through Entity Tax (PTET) deduction, emphasizing its importance for business owners in high-income tax states and the impact of federal limitations on SALT deductions. It also explores options for handling 401(k) plans and the benefits of spousal IRAs, especially when one spouse has limited income. The conversation provides insights into financial strategies that enhance stability and potential tax savings amidst evolving laws.

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