Differences

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--- retirement_plans [2023/11/06 17:53] – admin
+++ retirement_plans [2024/03/21 22:25] – raju
@@ Line 1: / Line 1: @@
 ==== IRA ====
-  * The limit on annual contributions to an IRA increased to $7,000, up from $6,500.
+  * The limit on annual contributions to an IRA increased to \$7,000, up from \$6,500.
     * https://www.irs.gov/newsroom/401k-limit-increases-to-23000-for-2024-ira-limit-rises-to-7000
 ==== Roth IRA ====
-  * For married couples filing jointly, the income phaseout range for making contributions to a Roth IRA will increase to between $230,000 and $240,000, up from a range of $218,000 to $228,000. (Those making under the threshold can contribute up to the full amount, those making in between can contribute a reduced amount, and those making over can’t contribute anything to a Roth.)
+  * For married couples filing jointly, the income phaseout range for making contributions to a Roth IRA will increase to between \$230,000 and \$240,000, up from a range of \$218,000 to \$228,000. (Those making under the threshold can contribute up to the full amount, those making in between can contribute a reduced amount, and those making over can’t contribute anything to a Roth.)
     * https://www.barrons.com/amp/articles/401k-ira-retirement-contribution-limits-irs-31ceeacf
+==== Roth 401k vs. Roth IRA ====
+  * https://www.reddit.com/r/fidelityinvestments/comments/1bjstmf/roth_401k_or_roth_ira/
+    * The reply from Fidelity_JennyK has lots of information.