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Turbotax is wrong about 401K contribution limits: per IRS it is 23,000 for IRA and 7,000 for ROTH IRA, not 7,000 total for both?
emilyfproud
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Turbotax is wrong about 401K contribution limits: per IRS it is 23,000 for IRA and 7,000 for ROTH IRA, not 7,000 total for both?
I checked with my 401k plan administrator and the IRS website, both of which told me the same info above.
‎January 23, 2025
8:37 PM
