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June 6, 2019
Question

I contributed 3,600 to my Roth IRA last year and 2,600 to my employer's deferred compensation plan. Am I over the 5,500 limit?

  • June 6, 2019
  • 1 reply
  • 0 views
Is the $5,500 limit a total contribution limit or just roth?

1 reply

June 6, 2019

No.  The contribution limit applies only to your IRA contributions.

June 6, 2019
So do I not report my 2,600 on turbo tax? I entered it into the traditional IRA section since it goes into a Vangaurd target 2050 retirement mutual fund.