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Showing posts with the label BackdoorRothIRAIn2022

WCI Podcast #245 - The Backdoor Roth Lives On

Today we discuss what happened in Congress and how, for now at least, the backdoor Roth lives on. You can proceed with your contributions as planned. Check out our tutorial to see how: . If at some point Congress decides to make this retroactively illegal, we will walk you through the process of undoing those contributions. We also discuss whether it is worth refinancing your student loans if you are not going for PSLF despite the extension of the student loan holiday. With inflation and rising interest rates this is a more complex question than it typically should be. We answer some questions about employer sponsored 401(k)s, signing bonuses and what kind of contributions to make if you are one of those super savers. Shopping for disability insurance is complicated enough. Wondering if you are getting the right coverage, unbiased advice, along with the best prices and discounts can make the process even more overwhelming. Pattern knows doctors have more important things t...