Backdoor Roth IRA

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Business, Self-improvement, Education, Money, Real Estate, Investing

4.6 • 858 Ratings

🗓️ 19 February 2024

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Allie and Daniel talk through a backdoor Roth IRA contribution, when you should use this strategy, and how to do it.

Transcript

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0:00.0	Hey, this is Daniel.
0:01.6	Thanks for listening to DIY Money.
0:03.9	If you haven't already, be sure to give us a five-star review on iTunes so your friends know that they can learn from the show.
0:10.3	Now, enjoy the show.
0:15.5	Ladies and gentlemen, welcome back to another edition of DIY Money.
0:21.3	D-I.Money D.I. Money.
0:22.3	How was that for the intro? That was pretty good. You're coming along. You'll get it. Quint, like, I think steam shoots out of his ears when he does it. It's a lot to live up to. Is that good or bad? In a good way. Oh. Like, he just gets so fired up. If he would, he could, like, jump on his chair while he did that, I think.
0:19.6	Nice.
0:20.0	What's the last time you and I did an episode together, Allie? It's been a long time. I think they try to avoid us, me having the think tank. It's a lot. It's a lot for everyone. Yeah. Well, you don't, and I just learned this before, and I'm going to call you out for it. Hmm. You don't listen to the other episodes. Whoa, come on. I mean, you don't and i just learned this before and i'm going to call you out for it you
0:54.9	don't listen to the other episodes whoa come on i mean i don't download them and listen to him via the
0:59.7	podcast you just listen to them through your closed office you guys literally record this i'm
1:05.0	gonna say six feet from my office door so it seems a little redundant to go back, download, and listen to episodes.
1:13.9	No offense to Steve, who does all the production.
1:16.5	And he does a great job.
1:17.6	Yeah.
1:18.1	So I get it without the sound effects.
1:19.4	I get the raw.
1:20.3	So the fact that I listen to you guys in your raw format is actually saying a lot.
1:26.2	With your closed door.
1:27.8	So not what's... Well, yeah, I close the door because it's awkward if I'm just staring at you guys as
1:32.3	you're recording.
1:33.4	What's so interesting is like it's weird for me.
	...

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Generated transcripts are the property of Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.