401k Mega Backdoor Roth Limit 2025. 401k Mega Backdoor Roth Limit 2024 Glenn Gusella For 401(k) accounts, the 2025 contribution limit is $23,500, or $31,000 for employees over 50, and $34,750 for those age 60 to 63 If you're a high-earner who can't contribute to a Roth IRA, a mega backdoor Roth — particularly if your 401(k) plan allows it — might be a solution.
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How Much can you Convert with a Mega Backdoor Conversion in 2025? The maximum employer + employee 401K plan contribution in 2025 is $70,000, or $77,500 if you're age 50-59 or 64+ ($81,250 if age 60-63) with the catch-up contributions The mega backdoor Roth is a strategy that may help you save more in a Roth IRA or Roth 401(k).
Mega Backdoor Roth 401(k) Overview, How It Works, Benefits
In 2024, the mega backdoor Roth limit is $69,000 or $76,500 (includes $7,500 in catch-up contributions) if you're 50 or older, compared to $23,000 or $30,500 if you. For IRA plans, the limit remains $7,000, plus a $1,000 catch-up. The maximum 401(k) contribution for 2025 is as follows: $70,000 or; $77,500 if you are 50 years of age or older
Mega Backdoor Roth 401(k) Overview, How It Works, Benefits. There are no contribution limits on Roth conversions, although it's important to remember. For IRA plans, the limit remains $7,000, plus a $1,000 catch-up.
How a Mega Backdoor Roth 401(k) Conversion Works. For 401(k) accounts, the 2025 contribution limit is $23,500, or $31,000 for employees over 50, and $34,750 for those age 60 to 63 The remainder is the maximum amount you can contribute as after.