New story from The Dallas Morning News published by Katie McGrath December 30, 2009
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Contributions to Roth IRA
I currently contribute the maximum to my 401k account. In 2009 I split my 16k limit between pre-tax contribution and a new Roth 401k account. My wife and I qualify based on our income to each contribute to our Roth IRA held at Vanguard. Can I still contribute money to my Roth IRA if I have contributed to a Roth 401k? I assume there is no connection on contribution limits to a Roth account but want to make sure. More: http://tinyurl.com/401k52