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Podcast: The Financial Independence Show
Episode: Mega Backdoor Roth & Solo 401k Explained
Description: In this episode, the FI Show Guys give you a step-by-step guide to utilizing the Mega Backdoor Roth and Solo 401k.
You might be able to contribute A LOT more than you thought was possible. And that’s true whether you work for a company (using a Mega Backdoor) or run your own business (using a Solo 401k).
In this episode, you’ll learn:
The three contribution buckets (pre-tax, Roth, and after-tax)
How to calculate your contribution limits
Combining company contributions with self-employment contributions (for all you side hustlers)
And where you can invest those...