Mega Backdoor Roth Conversions, Social Security, Solo 401(k)’s, and Qualified Retirement Plans: Q&A #2145

November 6, 2021

Mega Backdoor Roth Conversions, Social Security, Solo 401(k)’s, and Qualified Retirement Plans: Q&A #2145

Jim and Chris discuss listeners questions relating to average wage index, Social Security, mega backdoor Roth conversions, solo 401(k) contribution limits, and qualified retirement plans.

(20:00) A listener asks about the average wage index (AWI) for workers born in 1960 and the effects of COVID in 2020.

(23:00) A listener points out some social security Medicare expense increases as well as some other inflationary increases that may effect retirees.

(33:30) Georgette looks for advice on completing a mega backdoor Roth conversion in 2021.

(50:15) A listener from New Jersey wonders about his daughters contribution limits for her solo 401(k) plan.

(1:05:45) George from Massachusetts asks about qualified retirement plans.

Podcast: Play in new window | Download (Duration: 1:15:01 — 34.3MB)

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