Brian Dudley, CFP® senior vice president and financial advisor at Wealth Enhancement Group was quoted by Fortune in "How to Make After-Tax 401(k) Contributions."
“Some 401(k) plans allow you to take out these contributions as cash without penalty,” says Brian Dudley, a senior vice president at Wealth Enhancement Group in Burlington, Massachusetts. “If your plan allows this, you can do a mega backdoor Roth, which is where you roll after-tax contributions into an IRA outside of your retirement plan.”
Access the full article authored by Rachel Hartman here.