What is IRA? Roth IRA? Backdoor Roth IRA? What should we do with our 401K when we change jobs? Explained in Tamil with english subtitles.

00:00 Intro
00:22 What is IRA?
00:54 Restrictions on IRA contribution
01:39 IRA Tax deduction eligibility
03:20 Roth IRA
03:55 Who can contribute to Roth IRA?
04:25 Roth IRA advantages
05:57 Backdoor Roth
06:25 Backdoor Roth Steps
07:27 401K rollover to IRA
08:23 Rollover IRA advantages

References:
https://www.investopedia.com/retireme...
https://www.investopedia.com/terms/r/...
https://www.nerdwallet.com/article/in...
https://www.nerdwallet.com/article/in...
https://www.physicianonfire.com/backd...

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DISCLAIMER:
The content of this video is my own opinions and is for information purposes only. It is not intended as a substitute for professional financial advice. It is only intended to provide education about investments.