Mega backdoor Roth - Everything You Need To Know In 5 Minutes
This is everything you need to know about the Mega Backdoor Roth. Want to contribute up to $85,500 in Roth dollars this year? This little-known strategy allows for tax-free growth and withdrawals, maximizing your retirement savings while avoiding unnecessary taxes. This is everything you need to know about the Mega Backdoor Roth. 🏝[HOW MUCH YOU NEED TO RETIRE?] Take The QUIZ To Find Out How Much You Need To Retire https://www.theoremwm.com/how-much-do... 🎯 Schedule Your FREE Retirement Assessment Today: https://www.theoremwm.com/start-here 📧 Sign Up for Our Weekly Retirement Newsletter: https://mailchi.mp/theoremwm.com/week... 📖 About: Most people don’t realize that they can contribute far more to Roth accounts than the standard limits allow. In this video, we break down the Mega Backdoor Roth and Backdoor Roth IRA strategies, showing you how to funnel tens of thousands of dollars into tax-free retirement accounts. We’ll walk through 401(k) contribution limits, in-plan Roth conversions, and real-life examples to help you execute this strategy flawlessly. If you’re a high-income earner or someone looking to maximize tax-free retirement savings, this is a game-changer. Related Videos: How Much Do You ACTUALLY Need to Retire? Find Out If You're On Track! - • How To Calculate Your Retirement Numb... Can I Retire? 3 Questions to Find Out! - • The Retirement Investing LIES All Ret... Top Retirement Risks to Avoid in 2024 - • Is Social Security Failing Retirees i... Connect with Johnathan Rankin on Social Media: LinkedIn - / johnathan-rankin Instagram - / thinkretirement Facebook - / theoremwm Johnathan Rankin CRPC® CEPA®, Founder & CEO Theorem Wealth Management, Financial Advisor Dallas Texas ----------------------- CHAPTERS ----------------------- 0:00 - The Hidden Strategy to Contribute $85,500 to a Roth 0:22 - How the Mega Backdoor Roth Works 1:06 - 401(k) Contribution Limits & Employer Match Considerations 2:00 - Key Steps to Execute the Strategy Without Tax Mistakes 3:12 - Real-Life Example: Maximizing Roth Contributions 4:30 - Final Thoughts & Who Should Use This Strategy ----------------------- Disclaimer: Johnathan Rankin is a Registered Representative of Sanctuary Securities Inc. and an Investment Advisor Representative of Sanctuary Advisors, LLC. Securities offered through Sanctuary Securities, Inc., Member FINRA, SIPC. Advisory services offered through Sanctuary Advisors, LLC., an SEC Registered Investment Advisor. Theorem Wealth Management is a DBA of Sanctuary Securities, Inc. and Sanctuary Advisors, LLC.
