[Video] Roth IRA Contributions
STEPHEN SMALENBERGER, EA ®
So no matter what you read, what you listen to, you probably have heard max out your 401K. Put away money into retirement accounts. Max out maybe even your Roth IRA contributions.
401K, that’s just coming out of your paycheck. There’s no limit on how much you make. The only limit is you can put away a certain amount and that’s capped for 2019. That’s capped at $19,000, or $25,000 if you’re over age 50.