Roth IRA Contribution + 401k & Roth 401k
If someone under the age of 59 and an income of less than 60,000 contributes to: a Traditional 401k $4,000 & Roth 401k: $4,000, can the person also add $5,500 to a Roth IRA – all for 2015?
If someone under the age of 59 and an income of less than 60,000 contributes to: a Traditional 401k $4,000 & Roth 401k: $4,000, can the person also add $5,500 to a Roth IRA – all for 2015?
Permalink Submitted by Alan - IRA critic on Fri, 2016-03-18 17:04
Yes, the 5,500 Roth contribution can be made.