Quick: which type of device is currently dominating Amazonâs Best Sellers list, holding the top two overall spots (as of this writing)? Answer: E. And itâs not close. Between the Amazon Fire TV, Google Chromecast, Roku 3, and Apple TV, streaming media players are lighting up online retail.
Moreover, you can invest up to the maximum in each account. In 2016, the limits are $18,000 in each type of account, plus catch-up contributions - so you could make a total retirement contribution of as much as $36,000 (or $48,000 if you are 50 or older).
Retirement savers can contribute up to $17,000 to their 401(k) account in 2012, up $500 from 2011. Investors age 50 and older can defer taxes on up to $22,500 because older workers are allowed to make catch-up contributions worth as much as $5,500.