Facebook Live Episode 16: Live Q&A
Broadcast Live 8/12/2018
- 457b Roth or Traditional (pretax) 457b
- 401k waiting time (minute 22:00)
- Backdoor Roth IRA (minute 28:00) – How To Do It and what’s it’s roll in your portfolio!
QUESTION 1:
I have a question about Roth options. We live in California. At my work they are giving a Roth 457b. Our household income is $300,000 – $350,000. Which would be a better option, Roth or pretax 457b? We live in California and pay state tax of 10-11%.
QUESTION 2:
I’m looking into starting a new job soon. My understanding is there is a 1 year ‘vesting time’ before I can contribute. If I start in 2019, would I have to wait until 2020 to contribute?
QUESTION 3:
Could you please explain a suggested portfolio for your “Backdoor Roth”?
Here, I demonstrate HOW to do a Roth IRA contribution through the “back door”