How to Do a Backdoor Roth IRA [Step-by-Step Guide] | White Coat Investor
19:51
whitecoatinvestor.com
How to Do a Backdoor Roth IRA [Step-by-Step Guide] | White Coat Investor
This Backdoor Roth IRA tutorial takes you step-by-step through the contribution process, including Form 8606, tax implications, common mistakes, and lots more.
Feb 16, 2024
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Everyone talks about the benefits of starting a Roth IRA, but few show you how to do it. Check out my video for a step-by-step guide on setting up your Roth IRA 🔥 Have more questions about starting a Roth IRA? Comment “INVEST” or tag a friend to join my next beginners investing livestream on Tuesday! 🙂 Here's how to open a Roth IRA: 1. Google Vanguard, Fidelity, or Schwab 2. Click Open an Account 3. Go to dashboard → transfer → set up monthly recurring deposits 4. Buy shares of S&P funds each
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