Found out my job offers the following:
- after tax contributions to 401k
- in-service rollover to Roth 401k
- in service rollover to personal Roth IRA
- ‘True Up’ policy for employer match paid out Q1 the following year
My current thinking is to max out the $23.5k employee limit early in 2025, and then do an after tax contribution of some kind($25k or so) and roll it into my personal Roth IRA account. I would also max out my personal Roth with the $7.5k limit which is also apparently totally separate from 401 rules (lol).
Thoughts on my approach? Apparently this number of options is ‘rare’ and I want to take advantage. I confirmed all details on the phone with my plan provider and reviewing the plan summary doc.