313 Backdoor Roth IRA

In this episode Jason talks about the Backdoor Roth IRA. Below are 3 important updates:

1.) You can now ask a question using the orange button to the right.
2.) RBCCARES Coupon expires May 31st 2020. (50% off the retirement budget calculator)
3.) Join the RBC Nerds private Facebook group. Click Here.


Below are a few links you may find helpful:

ROTH Contribution limits for 2020
https://www.irs.gov/retirement-plans/plan-participant-employee/amount-of-roth-ira-contributions-that-you-can-make-for-2020

Understand Non Deductible IRA and form 8606
https://www.irs.gov/forms-pubs/about-form-8606

IRA Deduction Limits
https://www.irs.gov/retirement-plans/ira-deduction-limits

IRA Aggregation Rules
https://www.irahelp.com/slottreport/ira-aggregation-rule-easing-rmds-complicating-roth-conversions

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