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How does pwc’s wealth builder plan work ?
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Explain mega backdoor like I am five. Is that when you only contribute to your traditional 401k plan for the tax benefits and then in 20 years roll it over/convert to roth IRA?
SA1 rollovers are not subject to the $6k limit, just contributions. If you worked one place for a long time and had $1M in your 401k you could roll it all into your IRAs when you change jobs or retire.
M1 ?
Can confirm PwC does
BCG does as well
Wish EY did this
Accenture and Avanade do. Max 15k/yr.
McKinsey does