The Mega Backdoor Tax-Free Roth Conversion

The mega backdoor is an opportunity where in your employer sponsored 401K plan, you have a pre-tax deferral option. The $20,500 salary deferral cap is only on the pre- Taxable and Roth buckets. You can actually go all the way up to the 415 limit, which is like $62,000 in the after- tax bucket.