401k After-tax contributions

Hey folks, I'll be joining a MM IB (Think William Blair/ Jefferies / Baird) and I was reviewing the contract. I noticed with regards to the 401k benefit section that I'll have the option to contribute an additional after-tax contributions and I was curious if this is common, if anyone has experience with it, and if it is possible as an analyst (especially assuming you max out 401k before this.)

Thanks!

3 Comments
 

Hey, thanks for the reply. I'm a self-proclaimed Boglehead so I'm quite familiar with Roth vs. Traditional. I was talking about additional after tax contributions (i.e. above and beyond the 19k limit). My contract says I can add an additional ~25k after tax and do in-plan roth conversion. Was curious if people have experience with this.

 
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