Popular Answers. 1  hi george, what about this: in germany for example you have a legal framework which defines what a startup is, and this definition is a temporal one (I think it is five years starting with the official launch of the startup). 2  Hi George,
Yes, you can invest in both an IRA and a 401k (or a Roth 401k and a Roth IRA) at the same time, or any combination of those accounts.And in some cases, based on the fees in your 401k, an IRA might actually be a better place to invest your money.ou can indeed have a 401(k) and IRA at the same time. Itâs good that you listed the income limits also for contributions to a Roth. To answer âFashionsâ question above â you can contribute to a Roth at anytime, however April 15 is the last day to make contributions that may be credited for 2009.
There is one trade-off. Unlike a 401(k) or traditional IRA, which is taken out of a paycheck before taxes, a Roth IRA is funded with after-tax contributions. So, unlike a 401(k), you donât have the advantage of lowering your taxable income. There are limits to how much money you can contribute to a Roth IRA.For 2014, you can contribute up to $5,500, or $6,500 if youâre over 50. Contribute any more than that, and the IRS will tax you on an excess IRA contribution. A 401(k), on the other hand, allows you to contribute up to $17,500.here is one trade-off. Unlike a 401(k) or traditional IRA, which is taken out of a paycheck before taxes, a Roth IRA is funded with after-tax contributions. So, unlike a 401(k), you donât have the advantage of lowering your taxable income. There are limits to how much money you can contribute to a Roth IRA.