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Fast Financial Education: The Roth IRA "Backdoor" Funding Strategy
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There can be confusion around the funding of your Roth IRA...
A Roth IRA can be a great investment vehicle, but when you start funding it, you have to be sure you follow the rules!
When you first open your Roth IRA, it doesn't have any money in it. It's just a blank investment vehicle. You need to put money into it. And then, ultimately invest that money.
As with all investment options, there are pros and cons to the Roth IRA. Please use this video as education content only.
*** IMPORTANT DISCLAIMER ***
Nothing in this video should be considered as personal advise for you specifically. You should consult with your financial advisor before making any investment related decisions.
#IRARollover #RothIRA​ #IRA #RetirementPlanning​ #backdoor #RetirementAccounts​ #Roth #RetirementPlans​ #FinancialEducation #FinancialLiteracy #PersonalFinance #401k​ #FinancialFreedom #7702a #FinanceTips #Wealth #GrowingWealth #TaxSaving #InvestmentStrategies
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