The reason people go through the trouble of a backdoor Roth IRA comes down to one feature: qualified withdrawals from a Roth IRA in retirement are entirely free of federal income tax, including all the investment growth. A Traditional IRA, by comparison, taxes withdrawals as ordinary income. For...
Quick answer: A mega backdoor Roth requires an employer 401(k) plan that allows after-tax contributions beyond the standard deferral limit and either in-plan Roth conversions or in-service withdrawals - done correctly, it can let you move tens of thousands of additional dollars per year into...
Quick answer: The most common real problems are high-pressure sales on overpriced 'proof' coins, unclear fee disclosure, and advice from someone who isn't actually a licensed advisor. None of these are unique to any one company — check for them with any dealer. This article is grounded in the...
Quick answer: Partially, and it depends on where you live. IRAs (including Gold IRAs) get a federal bankruptcy exemption, but protection from creditors outside of bankruptcy is set by state law, which varies a lot. This article is grounded in the topic actually covered by the referenced video...
This Augusta Precious Metals video argues the case for gold 'isn't about timing, it's about time' - meaning long-term holding rather than trying to buy at the perfect moment. That's a reasonable principle for most long-term assets, gold included: trying to time short-term price swings is difficult...
