Master Money-The Back Door Roth IRA (How High Earners Can Get Money Into a Roth IRA!)

The Back Door Roth IRA (How High Earners Can Get Money Into a Roth IRA!) | Master Money Podcast

65. The Back Door Roth IRA (How High Earners Can Get Money Into a Roth IRA!)

We launched a Youtube Channel! Check it out here. Master Money on YouTube.

Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get a response from me. You can also ask questions on TikTok @mastermoneyco to get a response from me. 

Sponsors

Thank you to Fundrise for Sponsoring this Episode! Check them out a fundrise.com/personalfinance 

Thanks to Ladder for sponsoring this episode! Go to Ladderlife.com/pfp to learn more! 

Thanks to our sponsor Manscaped (Manscaped.com) for sponsoring this episode of the podcast. Use code PFP20 at checkout for 20% off + Free Shipping!

Thanks to Mini Cooper for sponsoring this episdoe! Check them out at miniusa.com

Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!

Today We Discuss: 

What is a backdoor Roth IRA?

How to get money in a Roth ira if you make too much. 

How the IRS sees the backdoor Roth IRA. 

How to convert your IRA with Vanguard, Fidelity, and more! 

\More Episodes You Will Love: 

The Super Retirement Account (HSA)

How much you need to save to retire 

Why Understanding Your Savings Rate Will Change Your Life (and Allow You To Retire Early)

The Roth IRA Millionaire 

The 401(k) Millionaire 

Pro-Rata Rule video: link

How to do a Back Door Roth IRA in Fidelity: link

How to do a Back Door Roth IRA in Vanguard: link

Check out all the Stuff I Recommend! 

M1 Finance Open a Roth IRA

Personal Capital Free Wealth Management + Budget App and Fee analyzer! 

CIT BANK (Best Savings Account)

Best Personal Finance Books 
The Simple Path to Wealth - J L Collins 
The Millionaire Next Door - Thomas Stanley
I Will Teach You To Be Rich - Ramit Sethi 
Rich Dad Poor Dad - Robert Kiyosaki

** Some links may be affiliate links and we earn a small commission at no extra cost to you. We only recommend products we truly believe in. 

Check us out on social fam! 

Twitter
Dollar After Dollar Instagram

www.thepersonalfinancepodcast.com

www.dollarafterdollar.com
Learn more about your ad choices. Visit megaphone.fm/adchoices