{ "media_type": "text", "post_content": "Thoughts on the new Accenture 401k option?", "post_id": "5a52564e8e26290018503285", "reply_count": 4, "vote_count": 4, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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Thoughts on the new Accenture 401k option?

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I don't believe it's a 401k. No tax incentives. Just company managed retirement investments offerred as an extra payroll deduction beyond your other elections. No company contributions either. Up to 10k/yr I think

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What is it?

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if you do an in-plan conversion, you can essentially convert to roth and not take out taxes on gains. look up mega backdoor roth

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