The house of representatives has made some recent proposals that may greatly affect your retirement nest egg, and how or even if you can continue making Roth IRA contributions.
#deathofthebackdoorroth
✅ Get $50 free for signing up with M1Finance
✅ Try Personal Capital the #1 All in one Investment/Finance app. and get $20 free
📚 My Recommended Reading List 📚
📕 Little Book of Common Sense Investing
📗 The Millionaire Next Door
📘 Rich Dad Poor Dad
*These are affiliate links
✅ Here is my downloadable Spreadsheet to help you find your annual spending in retirement;
…(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
I’m pissed off, my wire and I are in the phase out, so this totally f@cking affects us. F@cking politicians !
Always screwing the little guy. I always elected to not do a back door Roth because I'm in a higher bracket anyway. I figured I'd just wait until FIRE (2022) and then convert a small amount each year building out the Roth ladder when I'm in a lower bracket. You should be political. lol. It's fun hearing you talk.