Can I contribute to a Roth IRA& a 401k plan?

Answer As long as you are eligible to contribute, you can contribute to both a Roth IRA and a 401k plan in the same year. Roth IRAs require that your adjusted gross income be below the annual limit, which... Read More »

Top Q&A For: Can I contribute to a Roth IRA& a 401k plan

How do I contribute to a 401k& a Roth?

Begin 401k SavingAsk human resource personnel at work about details on contributing to your 401k plan. Choose a percentage of your income to contribute to this payroll deduction plan and begin mak... Read More »

How much can you contribute to a 401k plan at work?

The maximum amount you can contribute to your 401k plan at work adjusts each year to account for inflation. For 2010, you can contribute as much as $16,500. If you are 50 or older, you can contribu... Read More »

What is a Roth 401k plan?

Retirement is a portion of everyone's financial life, and your personal planning and preparation define whether this is a pleasant time in your life. There are many ways to help you save for retire... Read More »

Can you have a Roth IRA& a 401k plan?

On One Hand: Not Mutually ExclusiveThe Internal Revenue Service does not restrict people to participating in either a Roth IRA or a 401k plan. As long as you have enough earned income to contribute... Read More »