dmertz
Level 15

Retirement tax questions

Your Roth 401(k) contributions do not reduce the amount in box 1 of your W-2 which is compensation on which you can base a Roth IRA contribution.  Even if you contribute all $10K of your pay to the Roth 401(k), you can still use the same $10K to support contributions to a Roth IRA.

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