Resources

The Mega Backdoor Roth IRA Strategy is a way for an individual to contribute large amounts of money into a Roth IRA by utilizing the “After Tax Contribution” bucket in their employer 401(k) plan. For most people, the maximum annual amount they can contribute to a Roth...

Backdoor Roth IRA Strategy:  High income earners are generally ineligible to contribute directly to Roth IRAs, but this IRS-approved strategy allows even those who have income above the limits to fund Roth accounts annually.  Basic steps include: Open a Traditional...

A 529 Education Savings Plan account is a tax-advantaged account that is opened to help save for educational expenses of a specific named beneficiary. The account owner is typically a parent or grandparent, but can be anyone, including non-relatives. The account owner...