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