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Financial Planning / Foolish 401(k)s


Subject:  Re: Traditional & Roth Max Contributions Q Date:  5/6/2019  8:04 AM
Author:  mjolah Number:  26237 of 26295

All of the answers you have received are correct. I just wanted to add that your employer does NOT offer both a 401(k) and a Roth plan. Your employer offers ONE plan that has both 401(k) and Roth "features." It can also have a non-Roth after-tax "feature." The limit specified applies as well to the "individual" - so if you change employers mid-year, in total you still can't exceed the limit for the year.
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