I've just started a new job, and would like to max out my pre-tax 401(k) contributions before year end. I have contributed to various other investment accounts earlier this year and am struggling to figure out how much more I can contribute without going over the contribution limit.
My details are as follows:
Married, Filing Jointly Gross Income < $100k Roth IRA Contributions Year to Date: $5500 Roth 401(k) Contributions Year to Date: $1100 Pre-Tax 401(k) Contributions Year to Date: $1000
Given this info, how much more do I need to contribute to hit the $17,500 max for year end?
Specific questions include:
Do my Roth 401(k) contributions count towards my annual 401(k) contribution limits or are they separate? Roth IRA contributions are separate from both types of 401(k)'s right?