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James's avatar

The other use of a mega back door Roth is college savings. By rolling the funds over into an Roth IRA, I can have access to the contributions penalty free for kids college expenses. I don't have to worry about over contributing to a 529 if my kids plans change and can use any unused funds for extra retirement money.

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Craig Hill's avatar

This was an interesting read but not applicable to most working young individuals. I would be more interested in a article revolving around guaranteed fixed annuities. This topic is gaining traction in YouTube discussions with higher interest rate environments.

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