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    If I Give Into A 401k At Work, How Much Can I Contribute To A Roth?

    My wife came into some money through an entrance and we would like to start a Roth for each of us. I contribute to my 401 at work (appx. $4,000.00), and would like to know if and how much I can contribute to a Roth.

    asked 10 months ago

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    As far as I know, the contributions to a 401k do not effect the amount that you can put into an IRA. Current limits I believe are up to $5000 initial investment, and $2,500 per year thereafter.

    answered 10 months ago

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