Mega Backdoor Roth
RetirementA strategy using after-tax 401(k) contributions and in-plan Roth conversions to save up to $69,000+ annually in Roth accounts.
Example
Example: For someone with $300,000 in retirement savings planning to retire at 65, mega backdoor roth directly affects their strategy. Since it involves a strategy using after-tax 401(k) contributions and in-plan roth conversions to save up, understanding this concept could mean an extra $50,000-$100,000 in retirement assets. Plan with our retirement calculator.