RTN1
New Member

Low Income Roth 401(k) and Roth IRA Combination

My son is 20 and makes W2 income $8000/year.

 

He can contribute up to 80% of his income into a company Roth 401, and get matching non Roth contribution.

 

Can he also contribute the full $6500 into a Roth IRA, or is this reduced based upon low total income?

 

Is $8000 the max for all Roth accounts combined, or can he double up across different Roth accounts?