Tagged Questions
5
votes
1answer
145 views
Do Roth 401(k) and Roth IRA plans share the same annual contribution limit?
I've contributed $2000 to my Roth 401(k) plan through my employer, and $4000 to my Roth IRA plan that is totally separate from my employer. My accountant says that the limit on Roth IRA contributions ...
5
votes
2answers
375 views
Are 401(k) contribution limits for employee & employer separate? What about hitting the limit?
I am glad to see this forum. I have been reading a lot and have some questions about me specifically.
I am 29 years old and have a 401(k) already with my company. I just started contributing 10% to ...
6
votes
3answers
437 views
How feasible would it be to retire just maxing out a Roth IRA?
How feasible would it be to retire on just maxed out Roth IRA contributions each year?
Obviously this depends very much on how old you are when you start, and your living expenses when you retire. ...
3
votes
1answer
82 views
Do contributions made to an “involuntary 401(a)” count against the limit for a Roth IRA?
At work I pay into an "involuntary 401(a)" retirement plan. I'd like to also open up a Roth IRA on my own. Do the contributions I make through my work plan count against the $5000/year limit on the ...
