|
In response to
"I know the 401k maxes have employee contribution maxes and separate 'total contribution maxes' (about 3x of the employee max) -- (edited)"
by
ty97
|
2017: 401k deferral max is 18,000. 401k Annual DC contrib max is 55,000 (employee + employer). IRA/Roth max is 5500.
Posted by
decline (aka Decline)
Oct 20 '17, 08:55
|
You can max both 401k and IRA/Roth but you probably will not see any tax benefit *today* from maxing out both.
They phase out the tax benefit of contributing to an IRA if you have a company sponsored plan for the current year based on income
|