My son put $500 in a 403b because that was what his employer would match. Does that have any effect on what he can put in his Roth?
Thanks much
- posted
5 years ago
My son put $500 in a 403b because that was what his employer would match. Does that have any effect on what he can put in his Roth?
Thanks much
No.
Being covered by a retirement plan at work can limit the deductibility of traditional IRA contributions. It has no impact on non-deductible traditional or Roth IRA contributions.
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