The High Earner's Tips to Tax-Free Growth

Are you a high-earning W2 employee looking to boost your wealth and minimize your tax burden? This episode is for you! We'll break down the best tax-advantaged accounts to leverage, including 401(k), IRA, and HSA. We'll also reveal advanced strategies like the Mega Backdoor Roth and Backdoor Roth to supercharge your savings. Plus, we'll provide actionable steps for setting contribution goals and selecting the right investments for your financial journey.Note: This episode is for educational and entertainment purposes only. Not financial advice!⏱️ Episode Breakdown:00:00 - Intro01:43 - 401K+IRA: what they are and how to leverage07:45 - Mega Backdoor: contribute an additional 35K to 401K11:13 - Backdoor Roth: high earners can also contribute 7K to IRA13:00 - HSA: triple tax benefit14:57 - PJ's contribution plan for 202518:08 - How to invest with tax advantaged accounts22:14 - Recap & Quick Summary