How to save above 401(k) deferral limits with after-tax contributions
If you've already maxed out 401(k) plan contributions for 2022 and you're eager to save more for retirement, some plans have an under-the-radar option, experts say.For 2022, you can defer $20,500 into a 401(k), plus an extra $6,500 for investors 50 and older. But the total plan limit is $61,000 per worker, including matches, profit sharing and other deposits. And some plans let you exceed the $20,500 deferral limit with so-called after-tax contributions. "It's definitely something higher-income people may want to consider…