ST Alpha - "Your plan would have to allow for after-tax contributions, and then you’d need a way to convert those to Roth, which could be tricky, depending. -- (edited)" (Reading a Post)

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In response to "I still don't understand mega backdoor, but I don't need to because I don't make enough! lose-lose, right? -- nm" by amanda jeans

Your plan would have to allow for after-tax contributions, and then you’d need a way to convert those to Roth, which could be tricky, depending. -- (edited)

Posted by znufrii Mar 10 '22, 09:41

Mine allows in-plan conversions to Roth so I don’t have to deal with a rollover every year. Also this was on the chopping block as part of BBB, so who knows how much longer it will be around.

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and I'd need to make too much money to contribute to a roth which I do not! so.... -- nm - amanda jeans Mar 10, 09:55 1
- That’s just for the regular backdoor for IRAs. The mega backdoor option is for qualified retirement plans and would be in addition to your regular plan contribution limits regardless of income. -- nm* - znufrii Mar 10, 09:58

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Your plan would have to allow for after-tax contributions, and then you’d need a way to convert those to Roth, which could be tricky, depending. -- (edited)

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