No. of Recommendations: 1
<< I currently have a 401K port. I'm interested in investing on my own through a dscount broker as well. I'm interested in setting up a Roth IRA using the Dow approach. My question is does my 401K limit the amount I can contribute to an IRA? >>

No, but the law does. No one can make more than $2,000 annually in combined traditional and Roth IRA contributions. Roth IRA contributions are also subject to a phaseout based on income.

You can get a lot more information at All About IRAs, accessible through the QuickFind dropdown menu at the upper right.

Phil Marti
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.