Roth 401k makes it easy for people to fool themselves into contributing more.
IRA Recharacterization Illustrated
A graphical illustration for what happens when you recharacterize an IRA contribution or conversion.
Roth IRA Conversion Does Not Really Convert Your IRA
A graphical illustration of what happens when you do a Roth IRA conversion.
Gift To Adult Children’s Roth IRA
Can you contribute to your adult children’s Roth IRA? Yes, but …
Maintain A Roth IRA Contributions and Withdrawals Spreadsheet
You need a spreadsheet to track your Roth IRA contributions and withdrawals.
Executing Mega Backdoor Roth In Solo 401k
Executing a mega backdoor Roth in a solo 401k require these steps: elect contribution, make contribution, make distribution, issue 1099-R.
Traditional >= Roth >= Taxable
A taxable account should still be the last resort. Max out all tax-advantaged accounts before investing in a taxable account.
Mega Backdoor Roth In Solo 401k: Control Your Own Destiny
You can add after-tax contributions and in-service distribution to your solo 401k if you get your own plan document. It costs less than you think.
Mega Backdoor Roth Without a Big Paycheck
You can still take advantage of non-Roth after-tax 401k or 403b contributions even if it will make your paycheck very small.
Mega Backdoor Roth Without In-Service Distribution
Even if your plan does not allow in-service distributions, chances are you should still make non-Roth after-tax contributions. Just wait until you change jobs and roll them into a Roth IRA.
The Elusive Mega Backdoor Roth
If your 401k/403b plan cooperates, you can put up to additional $35,000 per year into your Roth IRA. Find out if you are lucky or not.
myRA = Roth IRA + Savings Bonds
The new myRA being created by the Obama administration is simply Roth IRA invested in savings bonds.