The Little-Known Retirement Savings Hack High Earners Must Know About
If you have a high income, you may feel the new $23,000 limit on 401(k) contributions and $7,000 limit on IRAs in 2024 isn't enough.
Well, you may be in luck. A little-known hack could allow you to save up to $46,000 more in a tax-advantaged retirement account in 2024. It's called the mega backdoor Roth.
Read on to learn how you can access this colossal retirement option and what it can do to supercharge your savings.
Source Fool.com