Mega Backdoor Roth 2024

Mega Backdoor Roth 2024. Over the past four years, we've maximized our traditional. The mega backdoor roth allows individuals to roll over substantial amounts—up to $43,500 in 2023—from a traditional 401 (k) to a roth ira or roth 401 (k).

In 2024, individuals with modified adjusted gross income (magi) above $161,000, and married couples filing jointly with magi above $240,000, are ineligible to open and. You can fully leverage these limits by taking advantage of the mega.