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).
401k Catch up contributions for traditional 401k plans or safe harbor 401k plans: According to the IRS, for 2015 the 401k contribution limit is $18,000 (this an increase from the 2014 401k contribution limits of $17,500). This is the maximum amount you can contribute to your safe harbor or traditional 401k plan.