If you’ve taken advantage of the powerful Mega Backdoor Roth strategy, you may assume that once the money is inside a Roth account, you’re free to access it tax- and penalty-free at any time. Unfortunately, it’s not quite that simple. The IRS has a little-known rule called the 5-Year Rule, and misunderstanding it could cost […] The post Understanding the 5-Year Rule for the Mega Backdoor Roth appeared first on My Solo 401k Financial.
