What is After Tax 401K? How is it different from Roth 401K? What is Mega backdoor Roth? How do we choose the funds for our 401K? Explained in Tamil with english subtitles. 00:00 Intro 00:30 After Tax 401K Vs Roth 401K 01:23 After Tax 401K Vs Brokerage 02:51 Mega Backdoor Roth 04:24 Other 401K...
401K Inheritance
Secure Act Changes May Make Inherited IRA’s to Your Kids a Bad Idea
Secure Act Changes May Make Inherited IRA's to Your Kids a Bad Idea If you’re planning to leave an inheritance to your children, there’s a new rule that will probably cause your kids to pay more taxes if you pass on your retirement plan. Today, we’re discussing how the Secure Act, passed in 2019,...
IRA, Roth IRA, Backdoor Roth in தமிழ் (US Retirement Series – 4)
What is IRA? Roth IRA? Backdoor Roth IRA? What should we do with our 401K when we change jobs? Explained in Tamil with english subtitles. 00:00 Intro 00:22 What is IRA? 00:54 Restrictions on IRA contribution 01:39 IRA Tax deduction eligibility 03:20 Roth IRA 03:55 Who can contribute to Roth IRA?...