retirement plans | Worth Tax

Mega Backdoor Roth IRA: A Powerful Retirement Savings Strategy

December 26, 2024 by Alex Franch

The Mega Backdoor Roth IRA allows high-income earners to contribute more to their Roth IRA by making after-tax 401(k) contributions and converting them, offering tax-free growth and higher contribution limits.

Minimizing Tax on Social Security Benefits

October 7, 2021September 2, 2021 by Alex Franch

Whether your Social Security benefits are taxable (and, if so, the amount that is taxed) depends on a number of issues. The following facts will help you understand the taxability of your Social Security benefits. For … Read More