Mega Backdoor Roth
Fritz explains the concept of the mega backdoor Roth, emphasizing its benefits for tax-free growth on retirement savings. By making after-tax contributions to a 401(k) and rolling them into a Roth IRA, he strategically increases his tax-diversified portfolio, even while facing a high tax bracket. The discussion highlights the importance of maximizing contributions beyond the standard limits for long-term financial growth.In this clip
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043 | Drawdown Strategy | The Retirement Manifesto
Related Questions
What are the pluses and minuses of contributing to a Roth IRA vs using the Mega Backdoor Roth strategy if I've already maxed my before-tax 401(k) contribution?
What are the pluses and minuses of contributing to a Roth IRA vs using the Mega Backdoor Roth strategy if I've already maxed my before-tax 401(k) contribution, as discussed in the episode 046R | Selectively Hardcore and the clip Roth 401(k) Insights?