Not Your Average Financial Podcast™
Episode 291: Unexpected Ways to Max Out Your Roth IRA
In this episode, we ask:
- Are you paying more in tax?
- What are some strategies with IRAs and Roth IRAs?
- What about the drama of the stock market?
- What strategies include a guaranteed life time income?
- Who is ready for a next level strategy?
- What’s wrong with self-directed IRAs?
- Would you like to hear Episode 209?
- What is a “back door” Roth?
- How do conversions work?
- Who meets the income eligibility requirements for a Roth IRA?
- What about an IRA on a spouse?
- What about a “mega back door” IRA?
- What does this look like?
- What about high income earners?
- Who allows for after tax contributions?
- Does it make sense to pay tax on a smaller balance?
- Is it better to convert when your income is lower?
- Is time running out?
- What about a multi-year conversion?
- Do you have the number of your HR department?
- Do you own a small business?
- Are your family members employed?
- Where will the money live?
- What is liquid?
- What is accessible?
- What do you want to purchase within your IRA?
- How much do you need?
- How much annual income do you want?
- Is the IRA full of stocks? Indexed funds? Real estate?
- Is there a better way?
- What about an income annuity inside of an IRA?
- What about guaranteed lifetime feature?
- What about inflation protection?
- What about liquidity?
- Is the money locked up?
- What about emergency funds?
- What about leaving a death benefit to your heirs, should you pass away too soon?
- What about an IRA transfer?
- What about piecemeal internal Roth conversions?
- What about paying your taxes now?
- What about an annuity inside a Roth IRA?
- What about guaranteed, tax-free, inflation-adjusted income that could last the rest of your life?