Yes, you can contribute to a Roth IRA and a 401(k) at the same time. You can contribute up to $19,500 in 2020 to a 401(k) plan. If you’re 50 or older, the annual contribution maximum jumps to $26,000. You can also contribute up to $6,000 to a Roth IRA in 2020.
Comment on Can You Have a Roth IRA and a 401(k)?
Andrea Coombes, NerdWallet.com
Thu, 02/27/2020 - 12:19pm
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