Belgarath Posted March 14, 2011 Posted March 14, 2011 Let's say that a 50+ person has $22,000 of earned income. Defers all of it to a designated Roth account in a 401(k). Can he also contribute to his Roth IRA? It seems counterintuitive that he could, but perhaps it is ok? thanks!
GMK Posted March 14, 2011 Posted March 14, 2011 Discussed in a previous thread, which I can't find right now. The answer was yes, you can do both the deferral and the Roth IRA.
GMK Posted March 14, 2011 Posted March 14, 2011 Here it is: http://benefitslink.com/boards/index.php?showtopic=44484
Belgarath Posted March 14, 2011 Author Posted March 14, 2011 Thanks! This was the conclusion I was coming to as well, but it just didn't "feel" right. But I was unable to find any reason why it wasn't allowable, and apparently that's what the rest of you found as well. Seems odd, but ours is not to question why...I still have this sinking feeling I'm missing something, but darned if I can find it!
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