ensingbd
New Member

Do Roth IRA contributions count toward defined contribution plan limits?

With the IRS announcing the 2020 limits for DC plans as $57,000/year, up from $56,000, and the IRA contribution limits staying at $6,000, am I able to contribute the maximum to each ($63,000 not considering catch up provisions). Or do the Roth IRA contributions count toward the $57,000 limit?