Originally Posted by
ackeight
Im not trying to chase my tail, but for most here 19.5k max personal and 47,500 from the company is already more than the irs max. That’s why I said it doesn’t matter Roth or pretax. We get every overage in cash or a 415c deferred fund.
there are plenty of people on here who are not hitting the combined contribution limits (income above $235k). If you are already hitting them, yes , this is of no advantage to you but if you still making less than 235, then it’s very much a viable option to maximize your retirement account growth with the gains being tax free.
the back door Roth options is also available to IRAs which fall under different rules and are also an option even when you are at the 415c limits.