Ankur Nagpal @ankurnagpal

One of the most remarkable loopholes in the US tax code:

If a married couple earns $240K+, they cannot contribute directly to a Roth IRA

But, they can instead use their 401k to get $100K+ into their Roth IRA every single year

Here's how the "mega backdoor Roth" works:

Aug 15, 2024 View on X →

https://x.com/ankurnagpal/status/1824097281315926179