401k Mega Backdoor Roth Limit 2024 India. Using the mega backdoor roth strategy, investors can potentially contribute an extra $46,000 to a roth ira and/or roth 401 (k) in 2024. A mega backdoor roth lets you roll over up to $43,500 from a traditional 401 (k) to a roth ira or a roth 401 (k) in 2023, all without paying any taxes you’d normally owe with such a conversion.

The mega backdoor roth strategy permits you to save more in a roth ira or 401 (k) than otherwise would be permissible, but only if your employer’s 401 (k) plan. Amazon’s 401 (k) allows for this functionality and it can be a great way to.