Personal Investments • Catch up in 401K

It seems like they have
They allow after tax contributions. But I think it goes into traditional 401K. It does not seem these are tracked separately.

NabSh,

That is impossible. They cannot mix pre-tax and after-tax into the same Trad 401K. You must be wrong.

There are only 3 choices:

1) After-tax 401K stays in after-tax 401K -> This is highly unlikely.

2) In-service Roth conversion to Roth 401K.

3) In-service rollover to outside Roth IRA,

Please read the plan and/or call your 401K plan administrator.

"They allow after tax contributions"

Please note that after tax contribution is not the same as after tax 401K. There are two possible after tax contributions to 401K: Roth 401K and After-tax 401K. They are two different 401K accounts.

KlangFool

Statistics: Posted by KlangFool — Sat Feb 10, 2024 12:56 pm — Replies 23 — Views 1153

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