Retirement Savings Options: IRA Contributions & Roth Conversions

What happens if you’ve maxed out your 401(k) contribution limit? When is a good time to make a Roth conversion? Eric answers three questions from the mailbag this week all pertaining to the options you have when it comes to saving for retirement.

 

Show notes and additional resources: http://petersonfg.com/retirement-savings-options-ira-contributions-roth-conversions/

 

Today's rundown: 

0:46 - Mailbag: Outside of a maxed out 401(k), where can you save?

1:56 - You can also make a nondeductible IRA contribution.

4:26 - Mailbag: How and when do you make Roth conversions?

7:28 - Mailbag: Is it foolish to retire in your late 50s?

9:07 - Retirement is about filling your income gap.