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This episode breaks down the Mega Backdoor Roth strategy: how self-employed individuals can use a Solo 401(k) to push far beyond standard Roth contribution limits by combining employee and employer contributions and performing in-plan Roth rollovers.
Hosts explain contribution limits, step-by-step mechanics, a real example, and why this approach can create significantly larger tax-free retirement savings over time.
Ā
š¤ Get Personalized Financial Guidance: š Learn about the SFM process: https://www.sfmadvisorgroup.com/ š Schedule a consultation with our award-winning team š https://go.oncehub.com/SecurityFinanc...
By BestAdvicePodcastGuysThis episode breaks down the Mega Backdoor Roth strategy: how self-employed individuals can use a Solo 401(k) to push far beyond standard Roth contribution limits by combining employee and employer contributions and performing in-plan Roth rollovers.
Hosts explain contribution limits, step-by-step mechanics, a real example, and why this approach can create significantly larger tax-free retirement savings over time.
Ā
š¤ Get Personalized Financial Guidance: š Learn about the SFM process: https://www.sfmadvisorgroup.com/ š Schedule a consultation with our award-winning team š https://go.oncehub.com/SecurityFinanc...