Investment Options

The Micron 401(k) offers a traditional mutual fund lineup and Fidelity BrokerageLink.  Fidelity BrokerageLink provides thousands of investment options, allowing you to have your Micron 401(k) account professionally managed.

Professionally managed accounts can generate 3% to 4% higher returns per year.

Have Your Micron 401(k) Account Professionally Managed

2026 Contribution Limits

Under age 50	$24,500
Ages 50-59 or 64+	$32,500  [$24,500 + $8,000 catch-up]
Ages 60-63	$35,750  [$24,500 + $11,250 catch-up]

Pre-tax Contributions and Pre-Tax Catch-up Contributions

With pre-tax contributions and pre-tax catch-up contributions, you defer income taxes until you withdraw the assets.

Roth Contributions and Roth Catch-up Contributions

With Roth contributions and Roth catch-up contributions, you pay taxes on the contributions but withdrawals are tax-free.

Micron Match

Micron matches 100% on your first 5% of your contributions, subject to an income limit of $360,000 in 2026. The maximum match is $18,000 in 2026. You must contribute 5% to receive your full match.

Micron matches vest after 2 years.

Micron Match Examples

Employee Contributes 2% of Salary

Based on a $360,000 salary, you contribute 2% of your salary or $7,200. Micron will match your contribution with 2% of your salary or $7,200.

Employee Contributes 5% of Salary

Based on a $360,000 salary, you contribute 5% of your salary or $18,000. Micron will match your contribution with 5% of your salary or $18,000.

Mega Backdoor Roth

In addition to your pre-tax and Roth contributions and the Micron match, you can utilize a Mega Backdoor Roth. You can contribute after-tax to your 401(k) up to the limit of all employee and employer contributions, then convert those after-tax contributions to a Roth IRA or Roth 401(k).

2026 Contribution Limits for All Employee and Employer Contributions

Under age 50	$72,000
Ages 50-59 or 64+	$80,000
Ages 60-63	$83,250

Mega Backdoor Roth Examples

Employee Under the Age of 50

Based on a $360,000 salary, you can generate $72,000 in 401(k) contributions. In addition to your pre-tax or Roth contributions and your Micron match, you can contribute $29,500 after taxes.

Your pre-tax or Roth contributions	$24,500
Micron match	$18,000
Your Mega Backdoor Roth contributions	$29,500
Total	$72,000

Employee Age 50-59 or 64+

Based on a $360,000 salary, you can generate $80,000 in 401(k) contributions. In addition to your pre-tax or Roth contributions and your Micron match, you can contribute $29,500 after taxes.

Starting in 2026, if your wages from the preceding year (2025) exceeded $145,000 (indexed to $150,000–$160,000 depending on final IRS inflation adjustments, though $145,000 is the base threshold), any catch-up contributions must be made on a Roth basis.

Your pre-tax or Roth contributions	$24,500
Your Roth catch-up contributions	$8,000
Micron match	$18,000
Your Mega Backdoor Roth contributions	$29,500
Total	$80,000

Employee Age 60-63

Based on a $360,000 salary, you can generate $83,250 in 401(k) contributions. In addition to your pre-tax or Roth contributions and your Micron match, you can contribute $29,500 after taxes.

Starting in 2026, if your wages from the preceding year (2025) exceeded $145,000 (indexed to $150,000–$160,000 depending on final IRS inflation adjustments, though $145,000 is the base threshold), any catch-up contributions must be made on a Roth basis.

Your pre-tax or Roth contributions	$24,500
Your Roth catch-up contributions	$11,250
Micron match	$18,000
Your Mega Backdoor Roth contributions	$29,500
Total	$83,250