Roth is for Rich: The Backdoor and Mega-Backdoor Roth IRA

There is a common piece of financial advice given to people like me which I strongly disagree with. By people like me I mean people who are currently making a low income but are “expected” to make a higher income in the future. And the advice is this: contribute to a Roth IRA instead of … Continue reading "Roth is for Rich: The Backdoor and Mega-Backdoor Roth IRA"

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Retirement Accounts Part 3ish: The Fairest of Them All

I’ve written previously about Retirement Accounts, as well as which type of IRA is my favorite. As a review, let’s take a look at the beautiful image above that Joe has created. The pipe at the very top is the regular brokerage account. Before we can contribute to this account we have to pay taxes … Continue reading "Retirement Accounts Part 3ish: The Fairest of Them All"

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