The Roth IRA: Traps to Avoid in the Transition Years, Ep #4

01/05/2024 14 min Episodio 4
The Roth IRA: Traps to Avoid in the Transition Years, Ep #4

Listen "The Roth IRA: Traps to Avoid in the Transition Years, Ep #4"

Episode Synopsis

What is a Roth IRA? What are two major issues resident physicians need to be mindful of when contributing to a Roth IRA? Is there a better savings and investment option? If you're able to start saving on top of paying off student loans and living on a resident's salary, this is a topic you need to learn more about. That's why we tackle these questions in this episode of Physician Cents. You will want to hear this episode if you are interested in... [1:47] What is a Roth IRA? [3:01] The two major issues with Roth IRAs [4:58] How do we "fix" mistakes?  [7:24] The backdoor Roth IRA [8:37] Pre-tax options: 401K or 403B Connect With Physician Cents WealthKeel LLC Olson Consulting LLC Tyler Olson on Twitter Chad Chubb, CFP®, CSLP® on Twitter Subscribe to Physician Cents Apple Podcasts Audio Production and Show Notes by - PODCAST FAST TRACK