Confused by the Roth 5-year rule? If so, you’re not alone. The Roth IRA can feel like a financial enigma, and the 5-year rule is often misunderstood, leading to hesitation and missed opportunities. But today, we’re breaking down the mystery. Listen in as your certified retirement counselor Mark Struthers explains the different variations of the …
https://youtu.be/mGi6mQzzNCo Summary In this conversation, Mark Struthers discusses the concept of the mega backdoor Roth, a strategy that allows individuals to maximize their retirement contributions and tax benefits through their 401k plans. He explains the differences between traditional and Roth contributions, the importance of free cash flow, and the potential for significant contributions for those …
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