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jp5215
New Member

Can i participate in a 401k roth and invest in a roth IRA?

 
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1 Reply
BarbL
Employee Tax Expert

Can i participate in a 401k roth and invest in a roth IRA?

Yes, you can invest in both the 401(k) Roth and your individual Roth, assuming you meet the income limits for investing in the individual Roth.  It is a great investing strategy, and you'll see the benefits with tax-free distributions at retirement.

One thing to consider - check to see if your employer matches the Roth 401(k) contributions in the same way as the non-Roth contributions.  If not, factor that into your decision.

Best of luck!

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