What is a mega backdoor Roth?
It involves making after-tax contributions to a 401(k) plan and then converting those contributions to a Roth.
4 min read
May 22, 2025
Bob Haegele
Contributor
Bob Haegele is a freelance writer who began his career in 2018. His expertise spans multiple financial topics, including investing, credit cards and banking. After earning a Bachelor of Science in information technology, he transitioned to writing after working for several years in health care IT. Before fully entrenched in writing, he briefly lived a nomadic lifestyle, visiting several countries. He’s now based back in his hometown of Chicago.
Besides Bankrate, his work has been featured in outlets such as Yahoo Finance, USA Today, Business Insider and U.S. News & World Report.
Bob's latest articles
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How to invest in index funds
Attention new investors: Index funds could be an easy way for you to get your portfolio started.
5 min read May 19, 2025 -
Switching online brokers: Here’s how to transfer your investments to a new account
When you’re ready to take your portfolio somewhere else, this is what you’ll need to do to switch.
7 min read May 14, 2025 -
Fiduciary duty: Meaning, types and examples
Many professions can have a fiduciary duty, here’s how those responsibilities work.
6 min read May 14, 2025 -
Wisconsin State Income Tax Rates And Calculator
Here are the income tax rates, sales tax rates and more things you should know about taxes in Wisconsin in 2024 and 2025.
3 min read Mar 11, 2025 -
Washington, D.C. State Income Tax Rates And Calculator
Here are the income tax rates, sales tax rates and more things you should know about taxes in Washington, D.C. in 2024 and 2025.
3 min read Apr 08, 2025 -
Stakeholders vs. shareholders: What’s the difference?
All shareholders are stakeholders, but not all stakeholders are shareholders.
4 min read Apr 23, 2025 -
5 tips to find safer stocks amid recession fears
Safer stocks can make your portfolio more resilient during those volatile periods where the market is sinking.
4 min read Apr 11, 2025