How much are you contributing to employee pre/after tax per year?
New
wlbdude
Sep 6, 2021
18 Comments
First year at a company that provides employee after tax benefit. I'm on target to contribute $19500 in pre tax 401k and $27500 in after tax bringing the total to $47000 per year (still below IRS maximum).
Max'ing 401k makes sense. Wondering if I need to lower the after tax (or maybe contribute more?).
Age: 44
TC: 220k
comments
It wasn't clear, but you are employing a mega backdoor roth strategy and not just leaving after tax money in the traditional part of the plan, right? I'm not sure I would be contributing so much if you can't do in service withdrawal to roth.