The Barn Door, Garage Door, Mega Backdoor Roth IRA Conversion - Your Money, Your Wealth® podcast 297
On Your Money, Your Wealth® podcast #297 with Joe Anderson, CFP® and Big Al Clopine, CPA: What is the MEGA backdoor Roth IRA conversion and should you do one? How do you create retirement income for the gap between retiring at 66 and taking Social Security at 70 and RMDs at 72? Joe and Big Al also answer a question on the taxation of an overseas inheritance, and they discuss your comments. Access the episode transcript and financial resources and send in your money questions to be answered on the YMYW podcast: 00:53 - Roth Conversion or Retirement Income in Gap Years? 07:01 - Mega Backdoor Roth IRA Conversion 17:42 - Mega Backdoor Roth IRA Conversion 24:46 - Taxation on Overseas Inheritance? 30:47 - Comment: FIRE YMYW TV Episode 32:20 - Comment: Don't Call it the Backdoor Roth Show Schedule a free assessment with any one of our CFP® professionals, either online or at one of our financial planning offices in San Diego, Brea, Irvine, and Woodland Hills, California: Sub