[hammock]

You can't really max out a Roth IRA (that's an illusion). Backdoor contributions are unlimited.

[h4nkoslo]

(For the sister posts - it's called a backdoor Roth. Make nondeductible contributions to a "vanilla" IRA, and immediately convert.)

https://www.bogleheads.org/wiki/Backdoor_Roth_IRA

[mbil]

Do you mean it's possible to contribute more than the contribution limit in a given tax year?

[benmarten]

Weird, i thought its 5500/year. That's what you can do with betterment at least....

[refurb]

It is. All a backdoor Roth does is it gets around the income limits for Roth IRAs. If you make more than ~$130K per year, you aren't allowed to contribute.

With a backdoor Roth, you contribute to a normal, post tax IRA, then convert to Roth. However, if you have a rollover IRA, then you can't do it without taking a tax hit.

However, I have heard of people putting more than $5500 per year in a Roth. Search for it on the Bogleheads forum. I can't remember the details, but your employer needs to be on board as you contribute to a 401k, then do some conversion.

[deelowe]

Look up backdoor roth and mega backdoor roth.

[brianbreslin]

what do you mean? would love to know more about this.