<prompt> Human: I currently have 6700 in my checking account and I am looking into maxing my 2016 Roth IRA contributions. However, I have additional questions before I continue: If I were to contribute money from my checking to Vanguards Roths funds, would that money get taxed again? The money in my checking came from my income after taxes. If my contributions to the Roth IRA were to get taxed again, wouldnt it be better for me to contribute straight from my paychecks? So I understand my yearly max contribution is 5500 as I am currently 26. However, Im not sure if this means after or before tax. As in, is the most I can contribute for 2016 is 5500 before it gets taxed or 7300 as itll be 5500 after tax?  <response>: Roth contributions are made with after-tax dollars. They are not taxed again.The contribution limit is 5500 after tax dollars. 