AMega Backdoor Rothmeans making non-Roth after-tax contributions to a 401k-type plan and then moving it to the Roth account within the plan or taking the money out (with earnings) to a Roth IRA. If you’re looking for the regular backdoor Roth, where you contribute to a Traditional IR...
Even if you received the average Social Security benefit of around $21,000 a year, you will likely not make more in retirement than while working. If you have notmaxed out your 401k, please do so before even considering contributing to a Roth IRA. The Bloated Government You never want to...