Defined contribution plans, also known as 401(k) or 403(b) plans, are employer sponsored retirement plans that allow employees to contribute and save for retirement. In many cases, these plans are one of the most powerful wealth building vehicles available, especially if your employer offers a matching contribution. As such, it’s vital that you keep up to date on any changes to your retirement plan.

The most common tax season questions that we receive from our clients each year.

If you have extra funds available for retirement, a Mega Backdoor Roth conversion is an excellent way to grow your savings tax-free. This strategy allows individuals to make "after-tax" contributions to their 401(k) or 403(b) beyond the usual contribution limits, which can then be converted into a Roth account tax-free.