the max contribution for roth 401k is $ 200.
the max contribution for roth 401k is $ 200.
what is the max contribution for roth 401k?
$ 200
under a roth ira, first enacted in 1998, individuals, whether employees or self-employed, voluntarily contribute "post-tax" funds to an individual retirement arrangement (ira). in contrast to the 401(k) plan, the roth plan requires post-tax contributions, but allows for tax free growth "and distribution", provided the contributions have been invested for at least 5 years "and" the account owner has reached age 59½. roth ira contribution limits are significantly lower than 401(k) contribution limits. for tax-years 2016 and 2017, individuals may contribute no more than $5,500 per year to a roth ira if under age 50, and $6,500 if age 50 or older. additionally, roth ira contribution limits are reduced for taxpayers with a modified adjusted gross income (modified agi) greater than $117,000 ($184,000 for married filing jointly), phasing out entirely for individuals with a modified agi of $132,000 ($194,000 for married filing jointly), for 2016. see 401(k) versus ira matrix that compares various types of iras with various types of 401(k)s.
roth 401(k)
the tsp is one of three components of the federal employees retirement system (fers; the others being the fers annuity and social security) and is designed to closely resemble the dynamics of private sector 401(k) and roth 401k plans (tsp implemented a roth option in may 2012). it is also open to employees covered under the older civil service retirement system (csrs) but with far less benefits (mainly the lack of matching contributions).









































section::::eligibility.









































csrs employees and members of the uniformed services may join at any time but are not automatically enrolled.
thrift savings plan