Mega Backdoor Roth is also known as the employee after-tax contribution for your 401k. You have to check with your employer and broker to find out if they allow you to make the employee after-tax contribution. It normally has two paths: in-service withdrawals to a Roth IRA or in-plan rollovers to a Roth 401K. For 2022, the total contribution limit is $61,000 or $67,500 if you're aged 50 or older.

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⏰ Table of Contents ⏰
0:00 Mega Backdoor Roth Summary
2:03 How Mega Backdoor Roth Works
5:01 Retirement Allocations

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