How to fix 2020 retirement investing mistakes

What if you contribute too much to a Roth IRA or work plan like a 401k? What if you were just ineligible to contribute to a particular retirement plan? Today we will cover how you can fix mistakes in retirement plans before the IRS finds out and taxes you!

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[Je.rone_]

the biggest mistake I made was taking money out of my retirement plan, but we live and we learn

[thaondu]

Do Roth 401k and Traditional 401k through your employer have the same contribution limits?

[nghasemi]

When I did the back door last year I moved the total 6000 to Roth but $0.02 is still in Traditional from the last year. I did 6000 again in Jan and waiting to go through to transfer to Roth. I think that $0.02 is capital gain from transferring late to Roth. Now my traditional will be over by 0.02. What is your recommendation?

[BeautyOnEarth]

To everyone who is reading this, you’re cool and adorable. Please stay safe and healthy!

[TheAndrewLopezFinancePodcast]

Retirement mistakes? But Dustin, my mommy told me I’m perfect