Walkner Condon Financial Advisors

Clint and Mitch dig into a host of retirement strategies on the way to explaining and exploring the Mega Backdoor Roth strategy. Together, they define 401(k)s, IRAs, the role of a Roth, and where a backdoor Roth conversion might come in, building up to the Mega Backdoor Roth conversation. It is a strategy that allows high-income earners that can't directly contribute to a Roth IRA to get a sizeable amount of money into their Roth bucket, tax efficiently. But the Mega Backdoor Roth isn't available to everyone; tune in to learn the pieces that need to be in place for the strategy to be a viable option. For those looking to do some additional reading on retirement and the difference between a 401(k) and an IRA, here's a blog from Mitch on the subject.  --- Send in a voice message: https://anchor.fm/walkner-condon/message