<prompt> Human: Hi all,For some reason, its very difficult to get a straight answer about yearly contribution limits to retirement plans. So my question is: what is the maximum individual yearly contribution you can make to ALL combinations of retirement accounts? Heres what Im assuming:Yearly Contribution limits 401kTraditionalRoth 401k - 18,000 totalTraditionalRoth IRA - 5,500 totalTotal - 23,500Is there anything Im missing? I also notice that the sidebar advice says to invest in an IRA right after hitting the employer match on their plan. What is the main advantage of IRA vs. 401k? Just more options? Right now Im seeing the additional pain of managing another account without clearly seeing the benefit. Thanks!  <response>: I also notice that the sidebar advice says to invest in an IRA right after hitting the employer match on their plan. What is the main advantage of IRA vs. 401k? It says it right where it directs you to move to an IRA after employer match:IRAs generally have better fund choices than employer-sponsored plans because you can open one with the provider of your choice. Low cost providers like Vanguard, Fidelity, and Schwab all offer low expense ratio index funds.It also then states you can skip going to an IRA after match and stick with the 401k if: - Your employer offers an excellent 401k, 403b, 457, SEP-IRA, or SIMPLE IRA that has low expense index funds i.e., a domestic stock index fund under 0.1 expense ratio, an international stock index fund under 0.2 expense ratio, and a bond index fund under 0.1 expense ratio. - You have access to the U.S. Federal governments Thrift Savings Plan. 