Blog tagged as Roth Solo 401(k)

Building Tax-Free Wealth: The Mega Backdoor Roth Conversion

12/03/2024 10:29 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Building Tax-Free Wealth: The Mega Backdoor Roth Conversion
A mega backdoor Roth conversion is an advanced strategy that allows high-income earners to contribute significant after-tax funds to a Roth account, offering substantial tax-free growth potential but requiring careful planning and awareness of potential legislative changes.

SEP IRA vs Solo 401(k): Which is Right For You?

08/16/2024 11:54 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
SEP IRA vs Solo 401(k): Which is Right For You?
SEP IRAs and Solo 401(k)s offer distinct retirement planning options for self-employed individuals, with differences in contribution limits, Roth availability, and eligibility that require careful consideration.

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