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Window of Savings Opportunities with Backdoor Roth IRAs
USI Consulting Group Link to more items from this source
Oct. 22, 2021

"For employees who have more money to save after contributing the annual maximum to their 401(k)/403(b) accounts, your company's retirement savings plan may provide a route to the mega backdoor Roth strategy if: [1] The 401(k)/403(b) plan allows after-tax contributions, and [2] In-plan Roth conversion option is allowed in the plan, or In-service distributions or withdrawals that are not hardship withdrawals from the plan to a Roth IRA are permitted This savings tactic comes with a variety of risks."

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