What to do after contributing to pre-tax 401k?
Nov 17, 2018
28 Comments
Finance noob here. I started work in august and hit my 18.5k limit for my traditional 401k recently. We use fidelity and I opened a Vanguard Roth ira recently but have no idea what to do next. Do I just contribute a set percentage to after-tax on fidelity and roll over to vanguard? And how do I mega back door Roth ira? Also do I start contributing to traditional 401k starting January 2019? sorry I have no idea what I'm doing...
comments
Backdoor Roth and Megabackdoor are two separate concepts, and you should take advantage of both if you can.