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Financial Planning / Foolish 401(k)s


Subject:  New job/No 401K Date:  1/21/2012  10:19 PM
Author:  vision1220 Number:  24815 of 26309

I'm on my way to the deep South and am starting a new job unfortunately it is a small company and at this time does not offer a 401K plan. In the job I just left I allocated an average of 15-20% of my salary. I have a Roth but I'm limited as far as I know to what I can contribute.

Is there a limit I can contribute to my Roth? I thought it was 6K and I'll have about 30K annually to invest in whatever I choose.

My question is if I'm limited to the Roth at 6K what other avenues would this board suggest.

Thanks for your input.
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