Re:IRS announces 401(k) limit increases to $20,500
by mrep on Thursday November 04, 2021 @10:16PM
(#29114745)
Mega backdoor roth allows you to hit that. Might go away this year though so we will see how employers respond.
[ Parent
| on HN ]
Re:IRS announces 401(k) limit increases to $20,500
by ryandrake on Friday November 05, 2021 @02:11AM
(#29115990)
Just to be pedantic, it's post-tax contributions that allow (very high earners) to hit that. You may choose to do a mega backdoor roth with those post-tax contributions if your plan allows it, but you can hit the limit without doing a mega backdoor, just by contributing post-tax to your 401(k).