Mega Backdoor Roth Explained: The Tax-Free Growth Strategy for High Earners

Listen to Mega Backdoor Roth Explained: The Tax-Free Growth Strategy for High Earners

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Have you ever maxed out your 401(k) and thought, ‘Where else can I put my money that grows tax-free?’ If you’re a high earner this strategy might change the way you save for retirement. Matt breaks down one of the most powerful (and often overlooked) retirement strategies available today: the Mega Backdoor Roth. It’s a legal workaround for those who can’t contribute directly to a Roth IRA and are already hitting their 401(k) limits midyear. 

Matt explains who this strategy is best suited for, how the process works, and the biggest mistakes to avoid like overfunding, delaying conversion, or assuming your plan allows it. When used correctly, the Mega Backdoor Roth can be a powerful way to build long-term, tax-free retirement income. Tune in to learn more about this high-impact strategy and how it could strengthen your retirement plan! 

Key Topics We Discuss: 

❓ Understanding the Mega Backdoor Roth strategy

🔨 How the Mega Backdoor Roth process works

📊 The long-term value of tax diversification

🔍 Ideal candidates for this approach

🚫 Key pitfalls to watch out for

0:00 – Intro

0:28 – What is a Mega Backdoor Roth?

2:33 – How does it work?

3:35 – Is this a good deal?

3:46 – Why does it matter?

4:21 – Who is this for?

5:05 – Mistake to avoid  

Resources for Mega Backdoor Roth Explained: The Tax-Free Growth Strategy for High Earners

Roth 401k Playbook Episode

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About Matthew Nelson

Matt has over 20 years of experience in the financial services industry. He is passionate about helping MedTech professionals maximize their benefits, reduce their taxes, and plan for financial freedom. As the Founder, Managing Partner, and Senior Financial Advisor at Perspective 6 Wealth Advisors, he leads a team of dedicated professionals. The team provides comprehensive and personalized financial planning and investment management services to our clients.

As a CERTIFIED FINANCIAL PLANNER™ (CFP®), Accredited Investment Fiduciary® (AIF®), and Equity Compensation Associate (ECA) Matt specializes in helping our clients navigate the complex and evolving landscape of equity compensation, financial independence, portfolio management, and income tax minimization. Further, he offers strategic insights and guidance on business succession, valuation, and exit planning. Matt’s mission is to empower our clients to achieve their financial and personal goals with confidence and clarity.