Tag Archives: Backdoor IRA

Back Again! Backdoor Roth and Mega Backdoor Roth Added Back to Pending Reconciliation Bill Build Back Better Act of 2021

Last week in October the Backdoor Roth IRA and Mega Backdoor Roth including the Mega Backdoor Roth Solo 401k had been removed from the Pending Reconciliation Bill Build Back Better Act of 2021. While the new pending legislative text has not yet been released to the public, today, November 3, 2021 the provisions to ban […]

Proposed ban on IRA Accredited Investments Has Been Removed from Reconciliation Bill Build Back Better Act of 2021

Nov. 3rd, 2021: While the proposal to ban accredited investments in IRAs is still not in the latest pending bill, the Proposed Band of the Backdoor Roth & Mega Backdoor Roth is Back–See the following for more Information:  https://www.mysolo401k.net/back-again-backdoor-roth-and-mega-backdoor-roth-added-back-to-pending-reconciliation-bill-build-back-better-act-of-2021/ Great news! The government has dropped from the pending Build Back Better Act  the proposal to ban accredited […]

Good News: Backdoor Roth and Mega Backdoor Removed from Pending Reconciliation Bill Build Back Better Act of 2021

Nov. 3rd, 2021: The Proposed Band of the Backdoor Roth & Mega Backdoor Roth is Back–See the following for more Information:  https://www.mysolo401k.net/back-again-backdoor-roth-and-mega-backdoor-roth-added-back-to-pending-reconciliation-bill-build-back-better-act-of-2021/ The latest draft of the Build Back Better Act has good news for IRA and 401k including solo 401k account holders. Essentially, the proposed ban of both the backdoor Roth IRA and mega backdoor […]

Proposed Budget Reconciliation Amendment- The Build Better Act: Impact on IRA vs Solo 401k

Nov. 3rd, 2021: The Proposed Band of the Backdoor Roth & Mega Backdoor Roth is Back–See the following for more Information:  https://www.mysolo401k.net/back-again-backdoor-roth-and-mega-backdoor-roth-added-back-to-pending-reconciliation-bill-build-back-better-act-of-2021/   Update as of October 28, 2021: Great news–The retirement account provisions found in the pending Build Better Act  bill have been defeated. See the following for more information: https://www.mysolo401k.net/proposed-ban-on-ira-accredited-investments-has-been-removed-from-reconciliation-bill-build-back-better-act-of-2021/  And https://www.mysolo401k.net/good-news-backdoor-roth-and-mega-backdoor-removed-from-pending-reconciliation-bill-build-back-better-act-of-2021/   […]

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