Are you required to max out 401K before doing mega backdoor?
Apr 21
18 Comments
Are you required to max out the traditional/roth 401K limit (20,500) before contributing to after-tax 401K for mega backdoor conversion?
If there is no such requirement, after contributing to traditional/roth 401K up to employer match, are there any benefits to maxing out to 20,500 before making after-tax 401K contributions for mega backdoor?
TC: 220K
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https://thefinancebuff.com/mega-backdoor-roth-convert-within-plan-or-roth-ira.html