Amazon Mega Backdoor Roth 2021

*Updated for 2022 - New Amazon Mega Backdoor Roth video*
• Amazon Mega Backdoor R...
In this video we show Amazon employees how to invest more towards retirement by utilizing the Amazon Mega Backdoor Roth 401(k). Learn how to take advantage of one of your most powerful Amazon employee benefits and learn about a new feature of the Mega Backdoor Roth within your Amazon 401(k) that makes setting up the strategy even easier (brand new as of 2021).
In this video you’ll learn:
0:30 Why people use the Mega Backdoor Roth
01:06 How much you can invest per year using the Mega Backdoor Roth Conversion
02:35 When you can contribute to the Mega Backdoor Roth
03:01 How a new feature for 2021 makes it even easier to set up the Mega Backdoor Roth Conversion at Amazon
03:45 The long-term benefits associated with investing into a Roth account
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Convert your after-tax dollars into Roth dollars for tax-free growth and tax-free access in retirement.
Video highlights:
• Overview of the Amazon Mega Backdoor Roth
• Example of an Amazon Mega Backdoor Roth conversion
• After- tax contribution timeline
• Automated functionality now available within your Fidelity 401(k)
• Tax reducing opportunities
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Avier Wealth Advisors
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Bellevue, WA 98004
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We focus on providing comprehensive financial planning and investment advisory strategies for tech professionals and their families.
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Third Party:
Avier Wealth Advisors is not affiliated with Amazon. There is no guarantee that the information we have provided is accurate. Amazon employees are encouraged to contact their employer should they have any questions regarding their employee benefits.
Taxes: Avier Wealth Advisors does not prepare taxes. The tax ideas presented are meant to demonstrate general concepts rather than precise calculations. We consult with your tax professional for exact calculations.