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Contribute to 401k and Roth IRA
Contribute to 401k and Roth IRA Hi all, I know Roth IRA contributions is limited by earned income/$7000(2024) whichever is lower. Maybe a silly question but if you earn $7000 could you contribute all of it to your Roth and some to a 401k? Do the 401k and Roth contributions affect each other ?
submitted by /u/Stephvann
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