Can I execute a mega backdoor Roth in my employer’s 401(k) if the plan allows after-tax contributions but not in-service distributions?
Understanding the Mega Backdoor Roth Limitation A mega backdoor Roth conversion typically requires both after-tax contribution capability and in-service distribution options in your employer’s 401(k) plan. Without in-service distributions, you cannot immediately convert your after-tax contributions to a Roth IRA, which significantly limits but doesn’t entirely eliminate your mega backdoor Roth strategy options. While the … 더 읽기