Mega Backdoor Roth Limit 2024 Over 50. The mega backdoor roth allows individuals to roll over substantial amounts—up to $43,500 in 2023—from a traditional 401 (k) to a roth ira or roth 401. As of 2023, investors can contribute a maximum of $6,500 per year to their traditional ira accounts or $7,500 if the investor is over 50.
A mega backdoor roth refers to a strategy that can potentially allow some people who would be ineligible to contribute to a roth account, based on their income or. See our picks for the best roth ira accounts.