"Mega Backdoor Roth IRA" - Who has tried it?

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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > "Mega Backdoor Roth IRA" - Who has tried it?

tuna melt: Mar 28, 2010

Is this loophole in any way useful for the scenario where you can't contribute the max 18K to a 401K due to the high earner cap & plan noncompliance? I get 1/3-1/2 of my contributions disbursed back some years due to this and am getting apprehensive about what this means for my total tax-advantaged retirement savings.

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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > "Mega Backdoor Roth IRA" - Who has tried it?