In 2023, you can contribute up to $66,000 if you’re under 50 and $73,500 if you’re 50 or older to your Meta 401(k). 👉 You can fully leverage these limits by taking advantage of the Microsoft Mega Backdoor Roth. This is a powerful benefit within your 401(k). It allows you to contribute after-tax dollars and convert those dollars to Roth. ****** SUBSCRIBE to our channel to view more videos created for Microsoft employees FIND Aaren Strand, CFP® on LinkedIn: RESOURCES for Microsoft professionals at ****** Avier Wealth Advisors 425-467-1011 10655 NE 4th Street, Suite 500 Bellevue, WA 98004 info@avieradvisors.com Website: We focus on providing comprehensive financial planning and investment advisory strategies for tech professionals and their families Third Party: Avier Wealth Advisors is not affiliated with Microsoft. There is no guarantee that the information we have provided is accurate. Microsoft employees are encouraged to contact their employer should they have any questions regarding their employee benefits. Taxes: Avier Wealth Advisors does not prepare taxes. The tax ideas presented are meant to demonstrate general concepts rather than precise calculations. We consult with your tax professional for exact calculations. #shorts...(read more)
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