The backdoor Roth IRA rests on two genuine, separate IRS rules working together: no income limit on Traditional IRA contributions (only on their deductibility), and no income limit on converting a Traditional IRA to a Roth IRA, the latter removed by the Tax Increase Prevention and Reconciliation...
Noble Gold Investments walks through moving money from a federal Thrift Savings Plan into a Gold IRA - a real, allowed transaction, but only clean through a proper rollover. A direct trustee-to-trustee transfer avoids the mandatory 20% federal withholding that hits an indirect (60-day)...
This video asks whether money will ever be backed by precious metals again. The U.S. ended domestic convertibility of the dollar to gold in 1933 and cut the last link between the dollar and gold internationally in 1971 -- a return to a gold standard would require an act of Congress, and it...
The mechanical steps at any specific brokerage, including Schwab, follow the same real IRS-governed process regardless of the platform. Open a Traditional IRA (if you don't already have one) and a Roth IRA account with the brokerage; contribute to the Traditional IRA (2025 limit: $7,000, or $8,000...
Mike the Credit Guy, whose channel usually covers credit and personal finance rather than precious metals, makes the case here that gold is “recession proof” - shorthand for its track record of holding value better than stocks during downturns. “Recession proof” oversells it, though: gold...
