Timeline for Salary deduction to contribute more to a 401K through the employer's match
Current License: CC BY-SA 4.0
3 events
| when toggle format | what | by | license | comment | |
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| Dec 26, 2019 at 18:00 | comment | added | nanoman | @jgozal After leaving your employer, you can roll over your after-tax 401k contributions to a Roth IRA (I assume that's what you mean). To avoid paying taxes immediately on the earnings from those contributions, you can roll over the earnings to a traditional IRA. You can read more about the "mega backdoor Roth". | |
| Dec 26, 2019 at 17:10 | comment | added | jgozal | thank you. I didn't know that worked that way. If the plan doesn't allow in-plan conversions, can I still contribute those after tax contributions to a backdoor Roth 401K after ending my relationship with my employer? | |
| Dec 26, 2019 at 13:35 | history | answered | nanoman | CC BY-SA 4.0 |