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The Roth IRA: Traps to Avoid in the Transition Years, Ep #4
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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
- WealthKeel LLC
- Olson Consulting LLC
- Tyler Olson on Twitter
- Chad Chubb, CFP®, CSLP® on Twitter
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