A Guide to the Backdoor Roth IRA, and Heirs Squandering Inheritances

A Guide to the Backdoor Roth IRA, and Heirs Squandering Inheritances

From Motley Fool Hidden Gems Investing by The Motley Fool

April 25, 2026 · 16 min

About this episode

This episode discusses the backdoor Roth IRA and the rapid spending of inheritances by heirs, along with market insights and investment strategies.

People look forward to retirement as a time of fewer obligations, but it can also be a time of lower taxes, especially if you have money in Roth retirement accounts. However, if you earn too much money, you can’t contribute directly to a Roth IRA. But you may still have an option. Host Robert Brokamp lays out the five steps to contributing to a backdoor Roth IRA, and highlights a landmine to avoid. Also in this episode:-The stock market posted one of its best 10-day returns – what does history say happens next?-A new study finds that heirs spend inheritances remarkably quickly. What are ways to leave an inheritance that won’t be squandered?-The input costs for food companies almost doubled in March, and prices may rise even more over the next three to six months.-Happy 50th birthday to Vanguard’s S&P 500 index fund, the first index fund available to individual investors. Host: Robert BrokampEngineer: Bart Shannon Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF…

People in this episode

Host: Robert Brokamp

Topics covered

  • Backdoor Roth IRA
  • inheritance
  • retirement planning
  • stock market
  • investment strategies

Keywords

  • Roth IRA
  • inheritance
  • retirement
  • stock market
  • investment
  • Vanguard
  • financial planning

Mentioned in this episode

Organizations: Vanguard, The Motley Fool

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