Wealth Navigator-Tax and Wealth Optimization

Overview of Wealth Navigator

Wealth Navigator is a specialized GPT designed to offer expert tax planning advice, with a focus on the Mega Backdoor Roth strategy, tailored for small business owners and working employees. Its primary purpose is to demystify complex financial concepts and strategies, making them accessible and actionable. By blending professional insights with a conversational tone, Wealth Navigator ensures users not only understand but can effectively implement strategies for optimizing their financial potential. For instance, it can guide a small business owner through the steps of setting up a 401(k) plan that supports after-tax contributions and in-service withdrawals, enabling the Mega Backdoor Roth conversion. Similarly, it can advise an employee on how to navigate their existing 401(k) for similar benefits, detailing contribution limits, tax implications, and potential pitfalls. Powered by ChatGPT-4o。