WCI #430: Backdoor Roth - Standard and Mega
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 31 July 2025
⏱️ 65 minutes
🧾️ Download transcript
Summary
Today we are talking about everyone's favorite topic - the Backdoor Roth! We are answering questions about common mistakes for the Backdoor Roth IRA as well as having a larger discussion around what the Mega Backdoor Roth is, who it makes sense for, and how to make the most of it.
Today’s episode is brought to us by SoFi, the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that’s where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you’re still in residency. And if you’re already out of residency, SoFi’s got you covered there too.
For more information, go to https://www.whitecoatinvestor.com/Sofi
SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891.
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Transcript
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| 0:00.0 | This is the White Coat Investor Podcast, where we help those who wear the white coat get a fair shake on Wall Street. |
| 0:06.2 | We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. |
| 0:15.9 | Hello, everyone, and welcome to episode 430 of the white coat investor podcast. Today's episode is called |
| 0:23.1 | Backdoor Roth, Normal, and Mega. Today's episode is brought to us by SoFi, the folks who help you |
| 0:31.5 | get your money right. Paying off student debt quickly and getting your finances back on track |
| 0:35.9 | isn't easy, but that's where SoFi can help. |
| 0:38.6 | They have exclusive low rates designed to help medical residents refinance student loans, |
| 0:43.6 | and that could end up saving you thousands of dollars, helping you get out of student debt sooner. |
| 0:49.0 | SoFi also offers the ability to lower your payments to just $100 a month while you're still in residency. |
| 0:55.3 | And if you're already out of residency, SoFi's guy you covered there too. |
| 0:59.0 | For more information, go to sophy.com slash white coat investor. |
| 1:02.8 | SoFi student loans are originated by SoFi Bank and a member FDIC. |
| 1:07.1 | Additional terms and conditions apply. |
| 1:09.3 | NMLS 696891. My name is Tyler Scott and I am one of the |
| 1:16.7 | friends of WCI here standing in for Jim today and excited to talk to you about some backdoor |
| 1:23.7 | Roth questions, both the traditional version and the mega backdoor Roth at work. |
| 1:29.7 | And before we get started on that, let me just first say, thank you so much for all that you do |
| 1:35.0 | out there. We know that our target audience is those wearing the white coat, the physicians and |
| 1:40.7 | Dennis, but we know that's not our only audience. We know there's all kinds of you out there, |
| 1:46.6 | doing important work, making sacrifices to make our community better. We see you, we appreciate you, |
| 1:53.6 | we are grateful for what you do. And wherever you're listening today, whether you're in the car |
| 1:58.4 | or you're on a jog at the gym or for you're out |
... |
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