re: MyRA - Government Backed Retirement Savings Program

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I haven't seen very many details about the plan but I'm already trying to figure out how I can use it to cram more money into my Roth IRA each year via some sort of rollover.

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If your plan allows, you can put after tax contributions into your 401k. The amount can be substantial depending on your plan guidelines and limitations. This amount is above the maximum annual contention limits into a 401k plan. Once you contribute after tax-

401k plans usually allow for "in-service distributions " of after tax dollars. If so, you can roll these dollars to your Roth every year. This means, in addition to maxing out your 401k, you can also put another 15k, 20k or even more dollars into your Roth ever year.

You'd owe tax on any gain that occur before you do the distribution. No income limits either.

Few people know about this process. Even your 401k plan provider service rep will have to likely look it up.