2.3 • 681 Ratings
🗓️ 20 September 2022
⏱️ 48 minutes
🧾️ Download transcript
Joe & Big Al answer your questions on, of course, backdoor Roth strategies. Y’know, to get as much lifetime tax-free growth on your investments as possible. Plus, investing strategies: does it make sense to buy a property now and rent it out until retirement? How much of a single stock in your investment portfolio can you sell and pay no capital gains tax? The fellas also explain capital loss carryovers, inherited IRAs, spousal Social Security and delayed retirement credits, required minimum distributions, and they spitball on an appropriate allocation of bonds, domestic stocks, and international stocks. Show notes, free financial resources, Ask Joe & Big Al On Air: https://bit.ly/ymyw-396
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0:00.0 | Today on Your Money, Your Wells Podcast number 396, join Big Al, answer your money questions on, |
0:05.9 | of course, backdoor Roth strategies, you know, to get as much lifetime tax-free growth on your |
0:11.0 | investments as possible. And investing strategies. Does it make sense to buy a property now and |
0:16.7 | rent it out until retirement? How much of a single stock in your investment portfolio can you |
0:21.5 | sell and pay no capital gains tax? The fellows also explain capital lost carryovers, inherited IRAs, |
0:29.0 | spousal, social security, and delayed retirement credits, required minimum distributions, |
0:34.1 | and they spit ball on an appropriate allocation of bonds, domestic stocks, and international |
0:39.6 | stocks. Visit Your Money, Your Wealth.com and click Ask Joe and Big Al on air to send in |
0:45.0 | your money questions as an email or a priority voice message. I'm producer Andy Last and here |
0:50.3 | are the hosts of Your Money, Your Wealth, Joey Anderson, CFP, and Big Out Clopline CPA. |
0:56.9 | Got Jared from Houston, Texas, writes in. |
1:01.5 | Steam as this is the Backdoor Roth Show. |
1:06.1 | Second question in a row. |
1:07.5 | I'm telling you. |
1:13.7 | I could say something, but I'm not. I'm just going to hold my breath here okay good time uh the backdoor rock show so terrible have you thought of changing the name |
1:22.1 | from your money your wealth to the backdoor rot sounds like this isn't a question on backdoor rut. |
1:29.6 | This isn't a question on backdoor arrest. |
1:30.8 | Can't answer it. |
1:36.6 | I thought, let's just answer you a question instead of doing my own research. |
1:38.4 | All right, Jared, that's what we're here for. |
1:44.1 | We'll do the research for you, free of charge, because we're the backdoor Roth guys. |
1:50.8 | If I were to do a backdoor Roth conversion early in the year, then change jobs later in the year, enroll my pre-tax 401k into a traditional Roth. |
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