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Episodes
Wednesday Mar 13, 2024
Mega Backdoor Roth Strategy with Zachary Jensen
Wednesday Mar 13, 2024
Wednesday Mar 13, 2024
Zachary Jensen, a tax expert and real estate investor, joins us to talk about tax-advantaged retirement accounts, specifically the IRA and Roth IRA. They discuss the basics of the IRA, including contribution limits and deductions. They also explain the differences between Roth and traditional IRAs, highlighting the tax advantages of the Roth IRA. The conversation then delves into the backdoor Roth IRA strategy for higher income earners and the mega backdoor Roth IRA strategy, which allows for larger contributions. They discuss the tax implications of these strategies and the importance of consulting with a CPA. The episode concludes with book recommendations and advice from Zachary's future self.
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Investing with Taylor at www.investwithtaylor.com
Version: 20240320
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