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Content provided by J. Barry Watts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J. Barry Watts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
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32. Mega Backdoor Roth IRA Strategy

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Manage episode 307366133 series 2935354
Content provided by J. Barry Watts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J. Barry Watts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Would you like to put $58,000 into a Roth IRA this year, then grow that money, tax-free, until you retire, and then take it out as tax-free retirement income?

In this episode, J Barry Watts introduces the mega back door Roth IRA strategy. He shares how some individuals can contribute $58,000 to their Roth IRA, despite traditional limits on contributions. Barry covers what you need to understand about Roths, including who can have a Roth and more.

Barry discusses:

  • What you need to understand about Roth IRAs
  • Who is eligible to have a Roth IRA
  • How people can contribute $58,000 instead of $6000 to a Roth IRA
  • The mechanics of the mega backdoor Roth IRA strategy
  • And more

Connect With Barry Watts:

  continue reading

69 episodes

Artwork
iconShare
 
Manage episode 307366133 series 2935354
Content provided by J. Barry Watts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by J. Barry Watts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Would you like to put $58,000 into a Roth IRA this year, then grow that money, tax-free, until you retire, and then take it out as tax-free retirement income?

In this episode, J Barry Watts introduces the mega back door Roth IRA strategy. He shares how some individuals can contribute $58,000 to their Roth IRA, despite traditional limits on contributions. Barry covers what you need to understand about Roths, including who can have a Roth and more.

Barry discusses:

  • What you need to understand about Roth IRAs
  • Who is eligible to have a Roth IRA
  • How people can contribute $58,000 instead of $6000 to a Roth IRA
  • The mechanics of the mega backdoor Roth IRA strategy
  • And more

Connect With Barry Watts:

  continue reading

69 episodes

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