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Hi all, recently a recruiter from Amazon reached out for an SDE 2(2+ years of exp. required) role and I'm a recent CS grad. I gave the OA (which was extremely difficult w/ 99% cut-off) and other tasks related to the OA. A few hours back, I got a call from the recruiter that I had cleared the assessment and tasks and said that they are looking for 2+ years of exp. I said I'm open to the SDE1 role and said she'll ask her colleagues. Idk what to expect now 😥 Amazon Amazon India
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Does Bank of America do a Mega Back door 401K?
Any thoughts on ARKK and MGK ?
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Backdoor Roth, which is traditional IRA to Roth IRA conversions. Same result as direct Roth IRA conversions, but they make you go through the "backdoor".
If you have access to an HSA, use that as a retirement vehicle, not to cover medical expenses now. Invest the money and let it grow. You'll have plenty use for it in your 60s.
Can also look into opening a brokerage fund, which would be taxable. No limits there, but you're putting in after-tax money, and will be taxed on the gains.
Be careful with back door Roth due to “pro rata “ rule if you already have rolled over IRA as then you would incur taxes on withdrawals from traditional to Roth conversion .