Hi blind, I want to start doing mega backdoor IRA, do you know who I should talk with to guide me through the process? Should i talk with a tax consultant, or should I talk with someone from my broker company, like Vanguard? Thanks a lot! Tc: $170k
“Megabackdoor IRA” is a bad name. It’s a thing you do via your employers 401k plan. It’s only possible if they allow after tax contributions *and* in plan conversion to Roth. So the answer to your question is: talk to your employer.
You gotta go to a company that offers it
Does your company offer after tax contributions to 401k and does it offer in plan conversion to Roth.
My company doesn’t offer mega backdoor through 401k unfortunately
Then your only option is a backdoor Roth IRA. Where you can open a traditional IRA then roll it over to Roth IRA.