Retirement tax questions


@michaelbutler406 wrote:

This info is for Roth IRA's.  I'm wanting to know if tax status matters for Roth 401k.  I've read elsewhere it does not.


Sorry about that.  For a Roth 401(k) -

You can contribute a maximum of $19,500 in 2020 and 2021 to a Roth 401(k)—the same amount as a traditional 401(k). If you’re aged 50 or older, you can contribute an extra $6,500 as a catch-up contribution. These limits are per individual; you don’t have to consider whether you’re married or single.