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combined annual contribution limits for individuals [duplicate]
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you're correct about the 401(k). your employer's contributions don't count toward the $18k limit. you're incorrect about the iras though. you can contribute a maximum of $5500 total across ira and roth ira, not $5500 to each. there are also limits once you reach higher levels of income. from irs.gov: retirement topics - ira contribution limits: for 2015, 2016, and 2017, your total contributions to all of your traditional and roth iras cannot be more than:
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