2020 Microsoft 401k Mega Backdoor Roth Conversion
Lars Phillips | March 4, 2020
Updated 401(k) contribution limits for 2020 allow Microsoft employees to save even more into Roth by utilizing the 401(k) After-Tax Roth Conversion benefit, also known as the Mega Backdoor Roth Conversion.
Microsoft 401k Mega Backdoor Roth Conversion
The Microsoft employee benefits offering has some great options for employees. Microsoft is one of a handful of companies in the U.S. to make this benefit available to their employees. This has the potential to make a significant difference; at Avier we help our Microsoft clients save up to an extra $27,750 in after-tax dollars per year which are automatically converted into their Roth 401(k).
Capitalize on the Microsoft 401k Mega Backdoor Roth Conversion
If you are a Microsoft employee who wants to start taking advantage of the Mega Backdoor Roth Conversion, or any of the other benefits offered in the Microsoft employee benefits plan, please feel free to schedule a quick phone call with one of our Lead Advisors by using the link below.
This content is for illustrative purposes only. Individual situations may vary. Please consult your tax advisor to determine if the scenarios discussed in this article are right for you. Investment Advisory services offered through Avier Wealth Advisors. Avier is not affiliated with Microsoft.