Thread: Money Investing megathread extravaganza
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Old 10-21-2017, 03:25 PM   #1328
lewdog lewdog is offline
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Join Date: Sep 2011
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Quote:
Originally Posted by ChiliConCarnage View Post
You'd get the same tax break as your ROTH IRA. The government limits your pre-tax contributions to 0 for your IRA. The question is should the gov limit your pre-tax contributions to a (traditional) 401k. This would force you to contribute to your ROTH 401k. You'd pay (more) taxes now instead of later. Its not a lowering of the total 401k max contribution. Just when you pay
So what's the max contribution for a Roth 401k?

And my employer doesn't have a Roth 401k option, so it would definitely **** me.

I contribute to my own ROTH IRA outside of my employer.
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