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Reply to "IRS 401k bombshell, now what?"
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[quote=Anonymous]Is my understanding correct? My DH turns 50 in June next year, he is a high earner. So he can contribute in 2026 Trad 401K: 31K (23.5K+7.5K) MegaBackdoor Roth+Employer match : 39K which is 70K minus (23.5+7.5K) 2027 Trad 401K: 23.5K Roth 401K: 7.5K MegaBackdoor Roth+Employer match : 39K which is 70K minus (23.5+7.5K) So in 2027, essentially he would contribute like he did when he was 49, given he has been maximizing his backdoor roth ira for a few years[/quote]
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