Mega Backdoor Roth Contribution Limit 2024 Over 50

Mega Backdoor Roth Contribution Limit 2024 Over 50. The mega backdoor roth allows you to save a maximum of $69,000 ($76,500 for those 50 and older) in your 401(k) in 2024. The resulting maximum mega backdoor roth ira contribution for 2024 is $46,000, up from $43,500 in 2023 if your employer makes no 401(k) contributions on your behalf.

The max 401 (k) limit is $69,000 for 2024, which includes deferrals, employer matches, profit sharing and other deposits. How does this add up?