What is the Meta Mega Backdoor Roth?

What is the Meta Mega Backdoor Roth?

In 2022, Meta employees can contribute up to $30,250 to a Roth using the Mega Backdoor Roth provision within the Meta 401(k). The Mega Backdoor Roth allows you to contribute after-tax dollars to your 401(k) and convert those dollars to a Roth. If you are a M...
What is the Meta (Facebook) 401(k) Employer Match?

What is the Meta (Facebook) 401(k) Employer Match?

The Meta (Facebook) 401(k) is a retirement savings plan that allows employees to invest a portion of their salary into long-term investments and save for their retirement. In 2022, Meta employees, who are under 50 years old, can contribute up to $20,500. For employees who are 50 or older you can contribute up to $27,000. This...