No. of Recommendations: 0
<<Help! I recently rolled over my 401K into a IRA.
Can I know put $2000 a year into the IRA, even if
I contribute to a new 401K in a new company?
Can I put in the $2k if I don't start a new 401K?>>

Yes, you can contribute $2000 to the IRA if you contribute or not contribute to a 401K at your new company. But you may not want to because the new contribution to the rollover IRA will taint the IRA. This means you can't rollover the IRA into your new 401K if you desire to do so. TMFPixy give a good explanation at the following link

(I hope I got the link right)
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.