Episode 74: The Backdoor Roth & Mega Backdoor Roth Blueprint for High-Earning Docs

In Episode 74 of Doctor’s Wealth and Wellness, host Norm Wright equips high-earning physicians with a precise, step-by-step blueprint to bypass 2025 Roth IRA income limits ($161K single/$240K married) using the classic Backdoor Roth ($7,000–$8,000 nondeductible contribution + immediate conversion, with anesthesiologist Dr. Jenna already at $100K+ tax-free) and the Mega Backdoor Roth (up to $70K–$77.5K after-tax 401(k)/403(b) contributions rolled to Roth if the plan allows, as neurosurgeon Dr. Mark did with $46K in one year). Backed by a 2025 Fidelity study showing 28–35% larger retirement portfolios and no future RMDs for consistent users, Wright emphasizes bulletproof execution—rolling old pre-tax IRAs/SEPs into employer plans first to avoid the pro-rata tax trap, documenting everything with Form 8606 and screenshots, and noting that qualified withdrawals after age 59½ and a 5-year holding period are completely tax-free. He challenges listeners to act before year-end on one of three moves (fund/convert a Backdoor, confirm Mega eligibility, or clean up pre-tax accounts) and offers to personally model their exact 2025–2026 numbers in a free 30-minute consult via [email protected]. Examples in this episode are hypothetical and not representative of a specific individual.