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numi Wrote:
-------------------------------------------------------
> mo34 Wrote:
> --------------------------------------------------
> -----
> > Related question to the tax experts:
> >
> > Can you have both a Roth and a regular IRA and
> put
> > the max in both ?
>
> No, under current tax code there's a max total for
> both
>
> > I understand that the max for a
> > Roth is 16500 this year and about 6000 for an
> IRA,
> > can we have both deducted ?
>
> $16,500 is the max for Roth 401(k) and elective
> deferral cap. That's different from a Roth IRA.


Oh yeah .. right .. so the max for 401(k) is 16500 ( that's pre-tax). Anything else you can add to this (pre-tax) ?

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