<prompt> Human: What a year! Spent half of it unemployed and the other half at a kick ass new job where I increased salary quite a bit.I made a mistake though and set my 401k at a high percentage thinking I was maxing it out for the year but because I only worked 6 months I only put 10k in.Heres the rub. I also for the first time ever owe taxes! Is there any way I could still top up my 401k to lower my income or did that ship sail at the end of the year? Should I think about opening up an IRA like turbo tax ID advising?My investment goals for the year are max 401k and then begin using a robo advisor, I didnt have any IRA planned.Thoughts?  <response>: The only way for you to contribute to 401k is to have money deducted from paychecks. You aint getting any more 2016 paychecks. If your 2016 MAGI is less than 61k, you can use traditional IRA to deduct more income to reduce taxes. 