3 ms·
> I failed to educate properly at that time, and now he's not able to do Roth contributions to save money in the future. That's not an inescapable situation.
by klipt 6y ago
> I failed to educate properly at that time, and now he's not able to do Roth contributions to save money in the future.
That's not an inescapable situation.
Some 401k providers (eg most of the ones provided by FAANG) allow you to roll pretax IRA money into your 401k, which frees up your IRA for backdoor Roth.
- thrtythreeforty 6y agoAlso, some i401k providers let you do this. If you are a sole proprietor, even on the side, you can open such an account. I know Schwab lets you do a "reverse rollover."