Timeline for Why would an employer not allow their employees to perform a "mega Roth IRA backdoor" (i.e., convert from an after-tax 401(k) to a Roth IRA)?
Current License: CC BY-SA 3.0
9 events
| when toggle format | what | by | license | comment | |
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| Jun 19, 2020 at 20:49 | answer | added | Jess Riedel | timeline score: 1 | |
| Nov 16, 2017 at 7:11 | vote | accept | Franck Dernoncourt | ||
| Nov 3, 2017 at 2:05 | comment | added | Craig W | @user102008 Mega backdoor Roth can refer to after-tax 401(k) to pre-tax/Roth 401(k) or to Traditional/Roth IRA. See this link, for example. | |
| Nov 3, 2017 at 1:34 | comment | added | user102008 | I believe the mega backdoor refers to an in-plan conversion from after-tax 401(k) to Roth 401(k). You cannot usually move money out of the 401(k) unless you have left the company. | |
| Nov 2, 2017 at 23:50 | answer | added | Craig W | timeline score: 4 | |
| Nov 2, 2017 at 22:12 | comment | added | Franck Dernoncourt | @Eric: thanks, good point. I edited the question accordingly. | |
| Nov 2, 2017 at 22:11 | history | edited | Franck Dernoncourt | CC BY-SA 3.0 |
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| Nov 2, 2017 at 21:58 | comment | added | Eric | Your employer would have nothing to say about a backdoor Traditional IRA to Roth IRA conversion. | |
| Nov 2, 2017 at 21:51 | history | asked | Franck Dernoncourt | CC BY-SA 3.0 |