Is the mega backdoor Roth ira contribution deadline the same deadline as the normal Roth ira (ie April)?
2d
4 Comments
Just wondering if I’ll be able to contribute to my 2022 Roth ira in early 2023 via the mega backdoor since the 401k contribution deadline is EOY rather than the tax filing deadline
comments
However, please invest in IRA for this year. Virtually no tax benefit, will have to use previous years income to fund previous years IRA (will need proof) and will miss out on a year of investing.
Mega back door - Dec 31 ( because it has to come from your paycheck via your employer)