The Rules for Roth Contributions

Published: July 12, 2023, 8 a.m.

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So many economic predictions for the year have proved incorrect. Since even the brightest economists don\\u2019t have a crystal ball, planning your retirement based on economic, market, or investment predictions can lead you astray.\\xa0

Instead of basing your retirement plan on wishful thinking, learn how to create a strategic retirement plan based on agency.

Today, and during this entire Roth IRA series, we\\u2019ll see how you can use Roths to enhance your retirement plan. Listen to this episode to hear whether you should be making Roth contributions to help fund your retirement.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

PRACTICAL PLANNING SEGMENT

  • [5:48] How to make Roth IRA contributions
  • [8:04] How backdoor Roth contributions work
  • [13:47] The difference in the Roth 401K

LISTENER QUESTIONS

  • [19:45] Envisioning family legacy options
  • [28:08] Spousal Social Security benefits
  • [31:26] Optimizing taxes and estate planning

BRING IT ON WITH KEVIN LYLES

  • [39:20] On designing a phased retirement
  • [45:02] Make sure your phased retirement isn\\u2019t an excuse to not retire

TODAY\\u2019S SMART SPRINT SEGMENT

  • [47:30] Examine whether you should be making Roth contributions

Resources Mentioned In This Episode

Rock Retirement Club

Roger\\u2019s YouTube Channel -\\xa0Roger That

BOOK -\\xa0Rock Retirement\\xa0\\xa0by Roger Whitney

Roger\\u2019s\\xa0Retirement Learning Center

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