#30 Proposed IRA Changes
Oct 04, 2021•14 min
Episode description
If you contribute to your employer 401k and have been taking advantage of the backdoor Roth 401k option or, if you have an SDIRA (self-directed IRA) where you have been investing beyond the stock market, I encourage you to listen to this episode to learn about some changes introduced in a new bill that can affect these accounts by the end of 2021 IF they are made into law.
To read the Congressional Summary, watch John Hyre's video, download letter templates to send to elected officials, contact information for those election officials:
https://www.handsoffmyira.com/
Another summary of changes at Solo401k.net:
www.solo401k.net/share/r6ksCrUtAqkIJbZz
Find and contact your representative:
https://www.house.gov/representatives/find-your-representative
Find and contact your senator:
https://www.senate.gov/senators/senators-contact.htm
Propublica article from June 8, 2021:
https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
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