<prompt> Human: Hi PF,For 2016, the IRA contribution limit is 5,500 if youre under 50.I just checked my IRA accounts that I opened at the beginning of 2015. I saw that I have over 7,000 total in my traditional and Roth.What gives? How can my IRAs be over the contribution limit?Edit: I learned that a Roth 401k is different than a Roth IRA. Thanks PF. Assistant: So you opened up two different IRAs - one a traditional and the other a Roth - at the same time and you funded both? How much did you actually put into each of them?The total amount currently in the account is not enough information to go on here. If your investment went up in value, you would expect the account value to be above what you contributed. But we would need to know how much you actually put in.Human: Yes, I funded both a traditional and Roth and I contributed over 8k for the calendar year. Contribution - Employee Before-Tax 2,796.81Contribution - Employee Roth 401k 5,458.25Due to market value change, my investment went down in value.  <response>: If thats true that its a Roth 401k, not a Roth IRA, then youre fine there. 401k contribution limit is 18,000, IRA is 5,500, and you can go up to the limit on both without any problem.IRA limits are also subject to some maximum income limitations, so make sure youre under those, too. 