What Is The Max I Can Contribute To A Roth 401K?

  1. 21750 POINTS
    Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    That is a great question! In 2014 you can contribute a maximum of $5500, and if you are over 50, you can contribute what is called a "catch up" amount of $1000, so a total of $6500 if you are 50 or older. You must have an income of below $114,000 if you are single, and under $181,000 if married, and filing jointly. Both you and your spouse can have a Roth, and you both may contribute. The tax code for these things are pretty specific when it comes to earning levels and contributions, so check with your advisor or tax attorney before you contribute, ok? Thanks for asking!
    Answered on June 11, 2014
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