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Necesitas hacer este mismo video pero en español para nosotros la comunidad hispana por favor gracias
First bad review after hearing positive views on the Roth
Maybe I'm confused because you went really fast, but you named 4 reasons why you wouldn't qualify to use a Roth IRA (which would obviously lead someone to use a backdoor Roth) and you named 2 reasons why you should contribute to both a Roth IRA AND a Traditional IRA to stay below a particular tax bracket to save on taxes. Overall a fairly clickbaity title my man.
You should have prefaced this by saying "Hey if you make under the income limit of 140k to contribute to a Roth IRA, you can skip my video" because that's all I got out of this.
For a 23 year old with no kids, this is irrelevant lol.
This isn’t the IRA I was looking for.
What about the provisional IRA
So basically it's bad for millionaires.. cool. No one cares bro I bust my ass and bring in like 50k a year, fuck with me
I support the pros and cons
I have put money in both types of IRA. I have needed to make penality free withdraws of some of my ROTH IRA contributions before. I adjusted my 401K from 10% to 50% of gross pay, a few days ago. Due to the limits of IRA's and HSA's. With overtime for last 12 weeks of shrimp season, it will add up to around 6K.