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https://boards.fool.com/the-rep-i-talked-to-at-vanguard-said-i-could-24200898.aspx
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| Subject: Re: SIMPLE -> ROTH rollover: too good to be t | Date: 6/7/2006 4:31 PM | |
| Author: TMFPMarti | Number: 87251 of 131777 | |
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The rep I talked to at Vanguard said I could contribute $10000 to my SIMPLE and $5000 to my employer's, up to the total defered limit of $15000. Was he wrong on this? Anyway, that is how I arrived at the numbers I did: My simple: 10k Employer's SIMPLE: 5k Regular Roth IRA: 4k Total: 19k While one should never rely on a mutual fund customer service rep for tax advice, this one was correct. The reason I questioned the $19,000 figure was that I didn't realize you were including a Roth contribution in that number. Phil |
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