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Mega Backdoor Roth Survives the 'Build Back Better' Plan, For Now
With the plans to spend trillions of dollars, politicians are scrambling to find ways to implement new taxes for the appearance of paying for the bills. One of the proposed solutions to increase tax revenue was to eliminate the backdoor and mega backdoor roth contribution. Now that their elimination is out, it's a good time to take advantage of these tax-saving strategies before it's too late.
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#ira #roth #loopholes
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