Danarand1
New Member

401K contribution and IRA in same year?

I've just left my current job where I've already contributed the max ($19,500) to my 401k plan for 2021. My new employer is a small company and does not have a 401k plan. For 2021, can I also contribute $6,000 to an IRA or because I maxed out my 401k for this year already, am I not allowed to also do the IRA? I am 35 years old.