Skip to main content

rewrite this title End of Backdoor Roth? (3 PROPOSED CHANGES TO IRA, 401K)


END OF BACKDOOR ROTH? (HOUSE PROPOSES CHANGES TO IRA, 401K) | House Democrats just unveiled a plan that might spell the end of the backdoor Roth IRA and mega backdoor roth strategy. This video explains the 3 most important changes that might affect you and your IRA/401k contributions. Text of the bill: #backdoorRoth If you need help positioning your retirement portfolio given the proposed IRA & 401k changes, schedule a free discovery call today at: ! Get free monthly financial tips by subscribing to our newsletter at Skip Ahead Here! 0:00 End of Backdoor Roth? 0:32 #1 Change: Prohibit contributions to IRA for certain taxpayers 1:05 #2 Change: New Required Minimum Distributions for IRA & 401k 1:41 #3 Change: End of Backdoor & Mega Backdoor Roth? ***RECOMMENDED READING LIST*** The One-Page Financial Plan by Carl Richards (easy read, holistic + fun graphics!) Simple, Smart Investing by Ian Kennedy (can help you construct your investment portfolio) A Random Walk Down Wall Street by Burton G. Malkiel (classic book that sold me on index funds) ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● SAY HI ON SOCIAL Website: Facebook: LinkedIn: ● WHO AM I? Alvin Carlos is a CFP® professional and CFA® charterholder. His team helps professionals in their 30s and 40s to be smarter with their money. They help them optimize their investments, lower taxes, pay off debt, and have peace of mind. ● DISCLAIMERS This content is for education and entertainment purposes only. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. District Capital is a participant in Amazon Associates LLC Program, an affiliate advertising program designed to provide a means for us to earn income by linking to Amazon.com and affiliated sites. When you purchase any products through our Amazon page, you'll be supporting our mission of providing high-quality financial advice to the middle-class! :)...(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
Write an article about End of Backdoor Roth? (3 PROPOSED CHANGES TO IRA, 401K) in English https://inflationprotection.org/rewrite-this-title-end-of-backdoor-roth-3-proposed-changes-to-ira-401k/?feed_id=103713&_unique_id=647a36be00313 #Inflation #Retirement #GoldIRA #Wealth #Investing #backdoorroth #backdoorrothira #backdoorrothiraexplained #democrats #housedemocratsbackdoorroth #housewaysandmeanscommittee #howtodoabackdoorroth #MegaBackdoor #MegaBackdoorRoth #proposedretirementchanges #retirementaccountchanges #rothconversion #rothconversionexplained #rothconversionrules #rothconversionstrategies #rothconversiontaxes #RothIRA #rothiraconversion #taxes #topstories #traditionaliraconversion #whatisabackdoorroth #BackdoorRothIRA #backdoorroth #backdoorrothira #backdoorrothiraexplained #democrats #housedemocratsbackdoorroth #housewaysandmeanscommittee #howtodoabackdoorroth #MegaBackdoor #MegaBackdoorRoth #proposedretirementchanges #retirementaccountchanges #rothconversion #rothconversionexplained #rothconversionrules #rothconversionstrategies #rothconversiontaxes #RothIRA #rothiraconversion #taxes #topstories #traditionaliraconversion #whatisabackdoorroth
Labels:

Comments

Post a Comment

Popular posts from this blog

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their
Post a Comment
Read more

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'
Post a Comment
Read more