Skip to Content
Woman sitting at a computer desk researching retirement savings plans.
Article

This is one retirement saving strategy your boss probably won't support

April 27, 2018 / 1 min read

Higher-earning staff might be asking about a "mega-backdoor" Roth IRA conversion, but there are a number of pitfalls that companies need to know before agreeing to that type of retirement savings plan. Read more at MarketWatch.

Lately, many highly-paid employees have been asking the managers of their corporate benefits programs if they can establish a plan that would allow them to save after-tax dollars into their 401(k) retirement saving plan.

The surge in this heretofore esoteric request is being traced back to a recent Wall Street Journal article headlined “Four Hacks to Boost Your Retirement Savings in 2018.” Among those four suggestions were “Do a ‘mega-backdoor’ Roth IRA conversion.”

Read More

Related Thinking

Construction workers on frame of house.
April 17, 2025

Is an ESOP a viable exit strategy for your construction company?

Article 7 min read
Business professionals in a meeting.
March 25, 2025

Growing ROI via total rewards in the value creation phase

Article 8 min read
Young couple learning about state and local tax from accountant.
March 19, 2025

Create value across your portfolio with the power of total rewards

Article 5 min read