This would allow someone getting a large end of year bonus to defer all into the after-tax if they had more room to maximize their deferral up to the plan limit.

More plans are now opting for a top-hat plans instead of the after-tax deferrals so as to not influence testing. At Fidelity we are ahead of the game in terms of plan design and what we can operationally support, but we are restricted by what the employer wants as an acceptable provision to their plan.

Many employers are always scared of potential DOL audits and therefore limit the types of sources to mitigate issues. Does anyone know of any Individual (self-employed) 401k plans that allow one payday loans no credit check use after tax contributions and unlimited transfers to take advantage cash advance loans of the Mega Payday loans no credit check Roth IRA.

I called fidelity and they do not offer this option. They all have a solo 401k but none of them will have that feature. What you have to do is set up your own plan. Call a Third Party Administrator company and they will walk you through it. I use a comapny called TPA Inc but there are others.

Unfortunately they do not allow for after-tax contributions. Any insight would be very much appreciated. My company offers a Sarsep account not a 401k. How do I contribute this towards my retirement. You cannot contribute to a Roth and Traditional IRA in the same year if you already maxed out the annual limit for you personally in your Roth, which you have. Do you have a High-Deductible Health Plan. If so, you could max out an HSA (see this post for more info). You could could then use the rest cash advance loans of the money to front load your 2015 Traditional IRA on January 1st.

Will the Optimized Guinea Pig be able to do this. It is far more than some people save, far less than others save, and will get both Guinea Pigs to FI relatively early. Update: I found a December 4 comment on the Guiniea Pig Update 6 post saying this would happen for 2015, but not 2014. Thank you very much for the great article.

When I tried to follow up with my plan administrator he just forwarded me to Principal (they administer our plan). Any IRS guidance I can throw at them. After reading the article and the comments, this seems like a great plan to super charge savings. The problem is many people cant take such a drastic pay cut per check to fund the entire amount of 18K or 52K.

Unless you are a very high income earner or have a sizable savings cushion to tide you over for months. I want to take advantage of this, but my plan administrator is fidelity so I might be out of luck, but thanks for the financial knowledge MAD fientist. Had a 401K last year, with all three types of money, 401K, Roth 401K, and my non-taxable contributions (paid with post-tax money). When I went to early retirement, they moved my Roth 401K to a Roth Rollover, into my custodial, Folio Investing.