<prompt> Human: I am new to this and was reading up on dividends. It seems Vanguard pays out dividends at the end of the year and you have the option to automatically re-invest this. Lets say the payout is 100 but Ive already maxed out the 5500 contribution limit, will I not be allowed to re-invest it or does this work differently? Will it go towards next years and then I can only put another 5400 in it? I could really use some advice on this, thanks!  <response>: No. Only the money you put in from outside accounts applies to contributions. 