http://www.iraroth.net IRA Questions and Answers Tue, 17 Jan 2012 00:09:43 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.iraroth.net/2009/11/what-is-the-maximum-yearly-contribution-to-401k-plans/ http://www.iraroth.net/2009/11/what-is-the-maximum-yearly-contribution-to-401k-plans/#comments Sun, 29 Nov 2009 20:26:50 +0000 admin http://www.iraroth.net/2009/11/what-is-the-maximum-yearly-contribution-to-401k-plans/ The limit for a Traditional 401k is $15,500/year, and the limit for a ROTH 401k is $4000/year. However, this year I put $3000 in my Traditional, and $1500 in my ROTH 401K, and Turbotax says I am over my legal limit. There seems to be a conflict in the tax code, so I must be misunderstanding something. Even my payroller and retirement account company are confused.

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