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The fact that you are asking this question is amazing. Not that many people are either able or willing to contribute up to the limits allowed for retirement savings plans. So, great job of doing what you can to prepare for a successful retirement. The real question here is not whether you can max out your contributions to your new employer’s 401(k) plan (Answer: you can), but whether you can also contribute to a Roth IRA? (Answer: you may).
You would think that saving for retirement wouldn’t have to be so confusing. However, keep in mind that whenever taxes are involved, nothing is easy. That’s because the IRS wants some of your retirement savings in the form of taxes, either as you make contributions, or whenever you start taking money out. Anyway, we could talk all day about taxes and retirement, but back to your question. Here are the three steps to consider.
Easy peasy! Thanks again for the great question, good luck to you going forward, and keep on saving for retirement.