Consilio Wealth Advisors

View Original

Mega Backdoor Roth | How to Double Your 401k at Amazon, Microsoft, Meta, and Google

A mega backdoor Roth is funded within your 401(k) plan at work by contributing to the after-tax portion, and then electing the in-plan Roth conversion. This election automatically converts your after-tax dollars to Roth, making them grow tax-free forever!

The after-tax has a high maximum, allowing you to double your contributions into the plan (or more).

This video is made specifically for Amazon, Microsoft, Meta, and Google employees.