Starting in 2026, high-income earners can use after-tax 401(k) contributions of up to $47,500 annually to bypass Roth IRA ...

Roth strategies are not going away. But the way certain federal employees use them is changing, and the timing of your ...

A 35-year-old software engineer earning $220,000 can’t contribute directly to a Roth IRA. The income limit phases out completely for single filers above $168,000 in 2026. Instead of skipping the Roth ...

You can move funds from a 401(k) plan to a Roth IRA. Here's what you should know when using these accounts in your retirement ...

In November 2021, the House of Representatives voted to kill two of the most powerful tax strategies available to high ...

Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

High earners often weigh the mega backdoor Roth against the backdoor Roth to expand tax-free growth. A backdoor Roth works by making a nondeductible traditional IRA contribution and then converting it ...

Higher-income earners must make 401(k) catch-up contributions with after-tax dollars and place them in a Roth account.

You researched the Mega Backdoor Roth, ran the numbers, and got excited. Then you pulled up your 401(k) summary plan ...

Roth IRAs are one of the two main types of individual retirement accounts, the other being traditional IRAs. Traditional IRAs typically use pre-tax or tax-deductible contributions, giving you a tax ...

Affluent savers who have already maxed out their 401(k) contributions are increasingly using backdoor Roth IRAs to secure additional tax-free retirement growth. This legal two-step process allows high ...

Those surcharges may be worth paying for a limited period of time.