How to do a Backdoor Roth IRA using E*TRADE

by | Nov 4, 2022 | Backdoor Roth IRA | 18 comments

How to do a Backdoor Roth IRA using E*TRADE




Let’s talk about retirement planning! In this video, I’ll talk about an advanced technique called the Backdoor Roth IRA, and demonstrate how to do one using E*TRADE.

Facebook:
Twitter:
IG:
Website: …(read more)


LEARN MORE ABOUT: IRA Accounts

CONVERT IRA TO GOLD: Gold IRA Account

CONVERT IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA


See also  It Could Be Over for the Mega Backdoor Roth IRA - Your Money, Your Wealth® podcast 344
Truth about Gold
You May Also Like

18 Comments

  1. Sunny Hill

    Thank you, great video!

  2. C Wag

    Is there a version of this without the annoying background music?

  3. James Han

    Great Help!

  4. LawyerUp

    My income fluctuates because of my business and I do my taxes late. Will I have an issue if I do backdoor roth and I end up making 100k in AGI?

  5. Phil Jensen

    Thank you Jimmy.

  6. Jason zhao

    thanks , I can't find this ROTH IRA Conversion page without your vidio.

  7. Majorian

    Great info, thanks for posting. By the way, I LOVED your music. I’ve listened to the video an additional 2 times just to hear the pleasant, uplifting tunes.

  8. Hosung Park

    Thank you so much!

  9. Gigi Nana

    When I opened my traditional IRA on E*TRADE it doesn’t say wether is non deductible or whatnot. Is there way to find out? Thank you

  10. Arturo R. Cabrera

    Thank you, this was a very timely video to find. I would be very interested in seeing a video on how you complete the tax forms for the backdoor IRA, including how you handle the 0.12 cents you transferred. Best to you!

  11. Jung Wook Cho

    Hi, I have a question. At the end, you made $6000.12 conversion. I understand that you may pay tax for 0.12 but limit per year is $6000. Even you paid tax for $0.12, how about investment income from $0.12?

  12. allen chua

    Thanks for the video, been wanting to do this, you got my thumbs up. BTW, the Etrade flow changed getting to the rollover page from when you uploaded this video. I just did a search which worked.

  13. jimmie

    I opened and funded the traditional IRA, do I open a ROTH IRA at the same time as the Traditional and then just convert the cash from traditional to roth, or do I wait on opening the roth until I do the conversion. Thanks

  14. Ryan Altendorf

    If I make between 124000 and 139000 can I create a backdoor roth ira or do I have to contribute to a normal Roth with a reduced amount? I would rather create the backdoor to contribute the full 6000. Thanks!

  15. Hibody World

    why not just deposit from bank directly to roth ira? i deposited from my bank to roth ira.

  16. Kimberly Hill

    The background music is distracting

  17. Avijit Pramanik

    Very helpful, thanks a lot, exactly what I was looking for.

  18. Jason Wang

    At 9:42: what is recharacterization?

U.S. National Debt

The current U.S. national debt:
$35,331,269,621,113

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size