Roth Ira Limits 2024 Vanguard 401k. According to vanguard, the average 401(k) participant contributes 7.4% of their income to their account. At that level, a person earning.
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 contribution. The annual contribution limit is $23,000 in 2024 and $23,500 in 2025.