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2013 retirement contribution limits

InvestorInvestor
edited January 2013 in Off-Topic
2013 retirement plan contribution limits

Comments

  • ShostakovichShostakovich
    Roth contributions do not count against the 401k limit, do they?

    In other words, a person under age 50 can contribute $17k to a 401k and $5.5k to a Roth IRA, correct?
  • InvestorInvestor
    Reply to @Shostakovich: Correct as long as your income falls under the limit.

    I max. out my 401k and also contribute max to Roth IRA for me and wife.

    Please note that contribution limit for 401k for 2013 is $17500 (up from 17K for 2012)
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