Today, we are talking with our friend and Roth IRA expert, Chris Davin. He is joining us to answer some of your questions and get way into the Roth weeds with Dr. Jim Dahle. Chris knows more about the intricacies of Roth considerations than anyone we know. They discuss when to choose Roth and why, Roth and tax-planning considerations, the Mega Backdoor Roth, choosing Roth as an independent contractor, and so much more!

Choosing between Roth contributions, pre-tax contributions, and Roth conversions is one of the most complicated decisions in personal finance—especially for physicians. Chris and Jim explain that it’s not a simple choice because you are predicting decades of future taxes, your investments’ growth, your heirs’ situations, and even where you’ll live. They agree that in obvious cases, like residents with low income, contributing to a Roth IRA usually makes sense. However, once you’re a practicing physician, the

Keep reading this article on The White Coat Investor.