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Investing/Strategies / Retirement Investing
|Subject: Re: 401k Roth and regular Roth||Date: 8/21/2007 1:28 AM|
|Author: Hohum77||Number: 58945 of 75377|
1. Can you have an 401K Roth (from job) and a regular individual Roth account same time and able contribute same year?
Provided you income falls below the Roth contribution limits, you can contribute to both. Scroll down the link to Table 2-1
2. Or will you be penalized in some way?
Yes, if you over contribute--
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