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      Bowls
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      FIRE Financial Independence Retire Early

      Associate
      4mo

      My new job's 401(k) plan allows for the mega backdoor Roth IRA. I am pretty confused by the strategy. Namely, can someone please explain -- 1.) Why would someone do this? My HH income is well into the 32% bracket and my spouse and I max our 401(k)s, backdoor IRAs, HSA, 529 for the state deduction, have an emergency fund, rest in brokerage 2.) Assuming it's worth it, how would I practically do this? I'm assuming this is more involved than just keeping the paycheck contribution on.

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      Finance

      Associate
      4mo

      My new job's 401(k) plan allows for the mega backdoor Roth IRA. I am pretty confused by the strategy. Namely, can someone please explain -- 1.) Why would someone do this? My HH income is well into the 32% bracket and my spouse and I max our 401(k)s, backdoor IRAs, HSA, 529 for the state deduction, have an emergency fund, rest in brokerage 2.) Assuming it's worth it, how would I practically do this? I'm assuming this is more involved than just keeping the paycheck contribution on.

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      Personal Investment Chatter

      Healthcare Consultant
      1y

      My company recently added a mega backdoor Roth option and I keep hearing it’s one of the best tax hacks out there but honestly, it feels confusing as hell. I’m already maxing my 401k and Roth IRA, and trying to wrap my head around after-tax contributions + in-plan conversions is giving me a headache. Anyone here actually using it? Is it worth the extra effort and paperwork, or should I just keep it simple and stick to the basics?

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      Consulting

      Consultant
      1mo

      Chose big4 transfer to NYC over M7 MBA. Did I make right decision? Got into Booth and Kellogg, but I eventually chose my big4 financial services consulting transfer offer from home (Asia) office to NYC office. My salary will be mid 100k. Not sure if I made the right choice.. In 2 years I could be getting MBB offer (or not) which may have much better path to higher salary potential. Hope Im going with the right one

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      All Things MBB

      Consultant
      11mo

      Which MBBs do the most work/have the largest accounts for each PE megafund? For example, ik Strategy& PwC does a lot of work for KKR and sometimes Blackstone (first-hand experience in their deals team). Am wondering what is the MBB-equivalent McKinsey & Company Boston Consulting Group (BCG) . Bain Capital Bain & Company

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      Big Law

      Associate
      3mo

      I’m a trial attorney at a small PI firm in the Bay Area. Recently, I brought in a multi-million-dollar global company as a client for their transactional work. I’m interested in moving to BigLaw and would appreciate any advice on how to best leverage this experience. I have an LLM from T5 and already have the H-1B visa. How do I appraoch this?

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      Consulting

      Associate
      7mo

      anyone buy and scale a small business? have a few to connect? or would love to hear your experience on here, whatever you’re willing to share. weighing the option of buying something in a space i’m passionate about and trying to scale, hopefully with seller financing. don’t care to be the next billionaire, just want to make a nice living independently.

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      Transaction Services, M&A, Deal Advisory

      Manager
      6mo

      Anyone at Big4 transferred internally (or even jumped to another B4) from tax to transactions M&A consulting? How is the current transfer market? How hard is it coming from tax? I’m entertaining this idea and would be nice to hear success stories. I’ve been in tax for 4 years, I’m a first year manager and a CPA.

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      Digital Marketing

      Ecommerce Manager
      10mo

      I'm a project manager for a small team but with a large firm. The majority of the teams in my division are more familiar with matrix-style working with just a few, more on the tech side, that are very agile. What is your advice to help others embrace a more agile approach?

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      Advertising

      works at Publicis
      9mo

      Has anyone taken any of the Megamachine courses from School of Astonishing Pursuits? I’m thinking about it with my partner and wanted to know if anyone had feedback. I’m looking at the Selling Work one.

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