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Ask Paula: Should I Stay At My Job For the 401k?

Afford Anything

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Do Not Leave Money in an After Tax 401k

Paul: Do not put money in an after tax 401k. Have it be pre tax, have it be Roth? He says custodians don't see this very often and they mess it up all the time. So just to avoid the entire mess from the beginning, don't do it. Paul: You can contribute a total of $61,000 into a 401k and you can then take that 40,500 that you put in as the after tax contributions and convert it to a Roth 401k.

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