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Dec 26, 2024
10:55:28am
Acorn All-American
Petition your employer to add both a Roth and a Mega Roth option
Sooooooooo much easier than doing a backdoor roth and about 5X more capacity in a Mega Roth than the 7 or 8K you can do in a backdoor. Lots of places have Roths, but very few have Mega Roths (maybe 10%?). Guessing lots of employees don't even know about the few that are there. IIRC, the 2025 deferral number is $80,000 total. That crushes the extra $8 you could do in a backdoor Roth.
This message has been modified
Originally posted on Dec 26, 2024 at 10:55:28am
Message modified by Acorn on Dec 26, 2024 at 10:56:25am
Message modified by Acorn on Dec 26, 2024 at 11:43:58am
Acorn
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Acorn
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Dec 26, 2024
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