I Cannot Contribute to a Traditional or a Roth IRA! What Should I Do?
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LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
We need to fully de-couple health insurance and retirement accounts from employment. It’s ridiculous and grossly discriminatory.
That fancy language is actually very appreciated. Sometimes the HR peeps don't even know how to answer the question. I've run into that.
Me: "Hey there Bob from HR. I'd like to know if I will still get my whole employer match even if I max out my funding in September."
Bob: "We match 6% of your salary when you contribute."
Me: "Yes, but is that per check with an eligible contribution or will I continue to get contributions from our company for the remainder of the year?"
Bob: "We match 6% of your salary when you contribute."
…
It's nice to know I can ask for something specific like a "true-up provision".
Open a Robinhood account or any Brokerage account available out there.
This describes me. I’m just going to save and invest. The advice cost to make a Back-Door work is probably a wash relative to the benefit. Why bother when I can save and invest and spend the money before I turn 59.5.
Why you did no suggest a possible cash value whole life policy for this guy makes no sense to me. He is maxed out and can continue to grow his money tax free in this vehicle. For the record, I am not a life insurance sales person.