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How to Use a Mega Backdoor Roth Conversion

Money Girl

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Maximizing Retirement Savings: Harnessing the Mega Backdoor Roth Strategy

This chapter delves into the mega backdoor Roth conversion strategy, outlining the steps for making after-tax contributions and converting them to a Roth account. It covers eligibility, contribution limits, tax implications, and alternative strategies for those without a workplace plan.

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