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michaelbutler406
Returning Member

Can I contribute to a Roth 401k if married filing separately?

I know there are income limits of $10k for a regular roth IRA with that tax status, but I'm trying to verify that doesn't apply to the Roth 401k.
6 Replies
DoninGA
Level 15

Can I contribute to a Roth 401k if married filing separately?

You can but it depends on if you lived with your spouse at any time during the year and your MAGI.

Go to this IRS website for Roth IRA contribution information - https://www.irs.gov/retirement-plans/plan-participant-employee/amount-of-roth-ira-contributions-that...

michaelbutler406
Returning Member

Can I contribute to a Roth 401k if married filing separately?

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.

DoninGA
Level 15

Can I contribute to a Roth 401k if married filing separately?


@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.

michaelbutler406
Returning Member

Can I contribute to a Roth 401k if married filing separately?

So tax status doesn't matter?

DoninGA
Level 15

Can I contribute to a Roth 401k if married filing separately?


@michaelbutler406 wrote:

So tax status doesn't matter?


Correct.  Your filing status on a tax return does not matter.

Critter-3
Level 15

Can I contribute to a Roth 401k if married filing separately?

correct

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