topic Can you contribute to both employer sponsored retirement plan and IRA in Investing

Can you contribute to both employer sponsored retirement plan and IRA

KoalaBear1 — Mon, 23 Feb 2026 13:11:13 GMT

So you'll have both both employer sponsored 401K or 457b and Roth IRA per tax year. Is this allowed?

AmyC — Mon, 06 Feb 2023 22:53:01 GMT

Yes provided you qualify with the income limitations. For TY22 contributions phase out at these levels:

You can contribute up to $6,000 under age 50 or $7,000 if age 50 and above.

xokazchaz — Wed, 22 Feb 2023 20:25:22 GMT

AmyC thank you very much it was just what I was looking for too, you have detailed it perfectly