The Mega Backdoor Roth IRA provided for in the retirement plans of companies such as Boeing, Microsoft, and Google gives highly-compensated employees an additional opportunity to tax-efficiently save for retirement.... ( read more )
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Mega Backdoor Roth IRA: A Unique Opportunity to Boost Retirement Savings Through After-Tax Contributions There are several ways to save for retirement, but one of the most popular options is the Individual retirement account (IRA). This type of account allows you to invest your money in tax-advantaged vehicles, such as mutual funds, stocks, and bonds, to grow your wealth over time. However, there are some limitations to the traditional IRA that can limit your ability to save at a higher level. One solution to overcome these restrictions is the Mega Backdoor Roth IRA, a unique strate...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)